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Apple Car or Alphabet’s Waymo?This Stock 1 is the future Foxconn of the car

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What is the next big sensation? Over the last decade, the world has witnessed the emergence of $ 1 trillion in tech giants. These are now commonly referred to by the acronym FAANG. This acronym covers five stocks: Facebook, Apple (NASDAQ: AAPL), Amazon, Netflix, and Google. These companies were the first to embrace Internet trends and the world changed the way they buy, access information and entertain.

Three of these trillion-dollar companies are now aiming to shape the future of the vehicle through EVs (electric vehicles) and AV (self-driving cars). Audiovisual space is being leveraged not only by FAANG companies, but also by other major technology companies such as Intel and Nvidia.

The future of automobiles

Technology is now an integral part of your day-to-day needs. It has penetrated into smart homes, smart watches, smart cities, and smart assistants, and is currently focusing on AV. VA confirms the integration of technology and software into automotive engineering.

Alphabet’s Waymo is a leader in audiovisual, with the goal of catching up with Apple, Tesla and Amazon. AV technology is still being tested …

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News Highlights Headlines: Apple Car or Alphabet’s Waymo? This stock 1 is the future Foxconn of the car Check out all the news and articles from Apple News Updates.

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