By Badar Shaikh
Publication Date: 2026-05-23 00:32:00
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Nvidia Corp. CEO Jensen Huang announced the chipmaker’s partnership with ride-hailing giant Uber Technologies Inc. will target global expansion of Robotaxis in the next two years.
30 Cities With Uber
During NVIDIA’s earnings call with investors on Wednesday, Huang shared updates about the company’s self-driving exploits. “Our partnership with Uber will power the robotaxi fleet across nearly 30 cities and 4 continents by 2028,” he shared.
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Huang also touted the chipmaker’s physical AI push, sharing that the NVIDIA CUDA cores, which are parallel processing programs that can handle several tasks at the same time, would enhance Robotics, autonomous vehicles, and embedded medical instruments, among other things.
“The next wave is physical AI. With billions of autonomous and robotic systems operating in the physical world,” Huang said during the conference call. Last fiscal year, NVIDIA’s automotive revenue hit a record $2.3 billion, which demonstrated a 39% surge.
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The chipmaker reported its first-quarter revenue, which came in at $81.615 billion, up 85% YoY and beating the analyst consensus of $78.796 billion. NVIDIA’s datacenter revenue came in at $75.2 billion, which was up +92% YoY. NVIDIA’s adjusted earnings came in at $1.87 per share, which was…
