Nvidia Targets $10 Trillion Valuation Through $2.3 Billion Physical AI Business
Updated
Updated · Yahoo Finance · Jul 31
Nvidia Targets $10 Trillion Valuation Through $2.3 Billion Physical AI Business
3 articles · Updated · Yahoo Finance · Jul 31
Summary
Nvidia is pitching autonomous vehicles and robotics as its next major growth engine, extending beyond the generative AI boom that lifted its market value to nearly $5 trillion.
Its physical AI push centers on Jetson Thor for robotics and DRIVE AGX Hyperion for self-driving cars, giving Nvidia a foothold in warehouse automation, agriculture, healthcare and robotaxi systems.
Uber is the key automotive partner: it is working with Nvidia and Stellantis to deploy at least 5,000 Level 4 autonomous vehicles for a robotaxi network.
Demand signals are strengthening across the sector, with Waymo handling 500,000 paid rides a week in 10 metro areas and Tesla offering robotaxis in seven cities.
The business is still early financially—Nvidia's automotive revenue was $2.3 billion in fiscal 2026, up 39%—but the company now frames it within a broader Edge Computing segment.