
Tech Soft 3D Joins AOUSD, Adds Support to Accelerate 3D Interoperability with CAD in OpenUSD and NVIDIA Omniverse Workflows
BEND, Ore. & SANTA CLARA, Calif.--(BUSINESS WIRE)--Tech Soft 3D, a leading provider of engineering software development tools, and NVIDIA announced a collaboration centered around Universal Scene Description (OpenUSD) and the NVIDIA Omniverse™ platform.
"Tech Soft 3D's investment in USD is great news for the entire industrial and CAD ecosystem," says Aaron Luk, Director of Product Management at NVIDIA.
Tech Soft 3D has also officially joined the Alliance for OpenUSD (AOUSD) and will be contributing jointly with NVIDIA and other alliance members to the continued development and definition of the OpenUSD standard. Since 2022, NVIDIA has been licensing HOOPS Exchange, Tech Soft 3D's powerful CAD data access toolkit, to enable native CAD file conversion into OpenUSD — a critical step in allowing developers to build 3D digital twin solutions across industries.
Now, with the latest release of HOOPS Exchange, developers can export data directly from the most popular CAD applications to USD, the foundational format for the NVIDIA Omniverse development platform and a key enabler of 3D interoperability across AI and simulation workflows and applications. This new capability supports seamless, high-fidelity translation of engineering data for use in visualization, simulation, and large-scale digital twin environments developed on Omniverse libraries.
'This evolution of HOOPS Exchange is a huge leap forward for the engineering software community,' said Gavin Bridgeman, CTO of Tech Soft 3D. 'Our mission has always been to empower developers with the best tools to unlock the full value of their rich engineering data. By enabling export to USD, we're accelerating how that data fuels next-gen digital twins, immersive simulations, and AI-powered experiences across both consumer and industrial applications.'
With HOOPS Exchange now supporting export to USD, developers can bring rich engineering data from over 30 CAD file formats—including CATIA®, STEP, SOLIDWORKS®, and many others—into any 3D application that supports the USD format, enabling powerful workflows across a broad and growing ecosystem of USD-compatible tools. As USD rapidly becomes the interoperability standard for aggregating 3D and other digital content at scale, this capability empowers engineering software developers to deliver seamless, high-fidelity experiences for visualization, simulation, and digital twin creation across the entire product lifecycle.
'Tech Soft 3D's investment in USD is great news for the entire industrial and CAD ecosystem,' says Aaron Luk, Director of Product Management at NVIDIA. 'HOOPS offers an unparalleled opportunity for CAD users to seamlessly connect their data to USD, unleashing the immense power of its composition capabilities to aggregate diverse data sources and construct comprehensive digital twins for industrial and physical AI use cases.'
Those in the Tech Soft 3D developer ecosystem can now better integrate with the OpenUSD ecosystem, empowering thousands of engineering software developers to explore and innovate without barriers.
About Tech Soft 3D
Tech Soft 3D is the leading provider of engineering software development toolkits and industrial applications for CAD & CAE data conversion, visualization, and simulation. Established in 1996 and headquartered in Bend, Oregon, Tech Soft 3D has additional offices in the USA, France, England, Japan, Germany, and Norway. Tech Soft 3D is backed by investment firm Battery Ventures.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Here's How Much a $1,000 Investment for a Newborn Could Grow to by the Time They Retire
Babies have a big advantage as investors: time. Over a period of 65 years, an investment could grow to around 500 times its original value, assuming the market produces average returns. A $1,000 investment for a newborn today could result in hundreds of thousands of dollars for them by the time they are 65. 10 stocks we like better than SPDR S&P 500 ETF Trust › President Donald Trump is pushing legislation that would provide newborns with $1,000 in a savings accounts. It's an intriguing idea, and when you consider the effects of compounding and long-term investing, it's not hard to see how such an account could grow significantly in the long run if it's invested in the right way. The big benefit newborns have is time. Unlike most investors, who may have 20, 30, or even over 40 years until they retire, newborns have even longer. Below, I'll look at how much a $1,000 investment over a period of 50-plus years could grow. When you're looking at investing for the very long haul, an exchange-traded fund (ETF) makes a lot of sense. As great of an investment as a stock like Nvidia has been recently, it's impossible to forecast how it may perform over the next 50 years. The benefit of ETFs -- which owns shares in lots of stocks -- is that they will rebalance over time and adjust according to which stocks are doing well and which ones aren't. ETFs that track the S&P 500 stock index can be particularly attractive. The S&P 500 is a collection of the top 500 stocks that are listed on U.S. exchanges. The index has averaged an annual return of 10% over the long term, though that includes years when it went up and years when it went down, as well as lots of nerve-wracking volatility along the way. Yet investing is enticing. Consider that an investment today would grow to more than 490 times its original value after 65 years of compounding, assuming a 10% annual growth rate. That means investing just $2,041 today would be enough to end up with a portfolio worth at least $1 million after such a long time frame, in this optimal scenario. There are never guarantees when it comes to future returns, however. The growth rate may slow down, and your investment could be down when you need it. But oftentimes, investors are better off simply investing in the broad index than trying to pick individual stocks. It may not be as exciting as picking stocks yourself, but it's a simple way for you to grow your wealth. One fund that you can invest in that tracks the index is the SPDR S&P 500 ETF (NYSEMKT: SPY). Investing $1,000 and just letting it sit in the SPDR S&P 500 ETF can be a no-nonsense way to grow your portfolio's value over the years. Since that is a small balance, it could, however, take a while for it to reach a significant value (e.g. six figures). But once it does, then the benefits of compounding become far greater. In the table below, you can see the significant change in a portfolio balance from year 50 to 65, which is a difference of hundreds of thousands of dollars -- simply from leaving the money invested for those years. Year 9% Growth 10% Growth 11% Growth 50 $74,358 $117,391 $184,565 55 $114,408 $189,059 $311,002 60 $176,031 $304,482 $524,057 65 $270,846 $490,371 $883,067 Calculations by author. The downside is that over the course of 50 years, inflation will also significantly chip away at the purchasing power of all this money. But it's a great example of how a modestly sized investment today could grow to be worth much more over the very long haul. And by putting the money into a low-risk ETF, you don't have to track any stocks or worry about making any changes along the way. It's an easy way to invest in the stock market and benefit from its long-term growth. Even if you're not planning for your child's retirement and the $1,000 from the government doesn't come through for your baby, investing in the SPDR S&P 500 ETF can be a great way to help them later on in life. Before you buy stock in SPDR S&P 500 ETF Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SPDR S&P 500 ETF Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,821!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $886,880!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Here's How Much a $1,000 Investment for a Newborn Could Grow to by the Time They Retire was originally published by The Motley Fool
Yahoo
35 minutes ago
- Yahoo
NVDA: Oppenheimer Sees Trillion-Dollar AI Opportunity for Nvidia
June 19 - Nvidia (NASDAQ:NVDA) could benefit from rising global interest in sovereign artificial intelligence systems, according to a recent client note from Oppenheimer, following CEO Jensen Huang's high-profile tour across Europe. Warning! GuruFocus has detected 4 Warning Signs with NVDA. The firm said Nvidia is working closely with governments to help them build national AI infrastructure. Oppenheimer estimates the total addressable market for sovereign AI could reach $1.5 trillion, with Europe accounting for about $120 billion of that potential. Last week, Nvidia entered a new partnership with Deutsche Telekom to support Germany's push into sovereign AI. The deal aims to accelerate industrial use cases including robotics, simulation, and digital twins. Huang also announced a collaboration with the European Broadcasting Union during a keynote at the VivaTech conference in Paris. He later visited London for further engagements at London Tech Week, as Nvidia expands its sovereign AI strategy across key European markets. Shares of Nvidia have climbed around one-third since late April, as investors weigh the potential of sovereign AI alongside other growth drivers in its enterprise and data center businesses. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
The Best Trillion-Dollar Stock to Buy Right Now? Wall Street Has a Clear Answer for Investors.
Target prices set by Wall Street analysts imply Nvidia is the best trillion-dollar stock to buy right now. Nvidia reported strong first-quarter financial results despite headwinds related to export restrictions. Nvidia stock trades at a very reasonable valuation compared to Wall Street's forward earnings forecast. 10 stocks we like better than Nvidia › Ten public companies have achieved a market value exceeding $1 trillion as of June 16. They are listed below in descending order based on upside implied by the median target price set by Wall Street analysts. Nvidia (NASDAQ: NVDA) has a median target price of $175 per share. That implies 21% upside from its current share price of $145. Apple has median target price of $235 per share. That implies 18% upside from its current share price of $198. Broadcom has a median target price of $290 per share. That implies 15% upside from its current share price of $252. Alphabet has a median target price of $200 per share. That implies 13% upside from its current share price of $177. Amazon has a median target price of $240 per share. That implies 11% upside from its current share price of $216. Microsoft has a median target price of $510 per share. That implies 6% upside from its current share price of $479. Taiwan Semiconductor Manufacturing has a median target price of $225 per share. That implies 4% upside from its current share price of $216. Berkshire Hathaway has a median target price of $490 per share. That implies 0% upside from its current share price of $490. Meta Platforms has a median target price of $700 per share. That implies less than 1% downside from its current share price of $702. Tesla has a median target price of $306 per share. That implies 7% downside from its current share price of $329. Wall Street clearly sees Nvidia as the best trillion-dollar stock to buy right now. Here's what investors should know about the chipmaker. Nvidia is the market leader in data center graphics processing units (GPUs), chips used to accelerate artificial intelligence (AI) training and inference tasks. The company is also the market leader in InfiniBand networking equipment, the leading connectivity technology for back-end AI networks. Importantly, Nvidia has struggled with two headwinds throughout the year. First, Chinese start-up DeepSeek developed sophisticated large language models using fewer GPUs than U.S. competitors, causing investors to worry demand would decline. Second, the Trump administration restricted the export of H20 GPUs built for the Chinese market, effectively preventing Nvidia from operating in the country. Nvidia more or less put the first concern to rest with impressive first-quarter financial results that exceeded expectations on the top and bottom lines. Revenue increased 69% to $44 billion due to what CEO Jensen Huang characterized as "incredibly strong" demand for Nvidia AI infrastructure. And non-GAAP (adjusted) net income jumped 33% to $0.81 per diluted share. However, while first-quarter results show robust demand, export controls still hurt Nvidia. The company took a $4.5 billion charge due to excess H20 inventory, and adjusted earnings would have increased 57% to $0.96 per diluted share had the Trump administration not imposed new restrictions. Huang also said the company will miss out on $8 billion in sales in the July-ending quarter. Nevertheless, Morgan Stanley believes the downside related to export restrictions is fully priced into the stock and that Nvidia will eventually be able to participate in the Chinese market to some degree. "China is entirely derisked, at least for direct shipments, and we are optimistic that there will be some path to monetize at least a portion of that demand," analysts wrote in a recent note. Grand View Research estimates the data center GPU market will expand at 28.5% annually through 2030, while spending across AI hardware, software, and services increases at 35.9% annually during the same period. Nvidia is exceptionally well positioned to benefit from that explosive growth. Wall Street expects Nvidia's adjusted earnings to increase at 40% annually through the fiscal year ending January 2027. That makes the current valuation of 45 times adjusted earnings look reasonable, especially when Nvidia beat the consensus estimate by an average of 4% in the last six quarters. As a caveat, the semiconductor industry is cyclical, meaning Nvidia's sales tend to ebb and flow as companies intermittently invest in chips and other data center infrastructure. For instance, revenue growth could slow toward the beginning of fiscal 2027 as the company ramps up production of its next-generation Rubin GPU (slated to launch in the second half of next year). However, investors should also bear in mind that Nvidia has a substantial opportunity in its often overlooked automotive and robotics segment, which currently accounts for less than 2% of total sales. Generative AI has been in the spotlight since ChatGPT launched in late 2022, but Huang says the "ChatGPT moment" for autonomous cars and robots is right around the corner. Importantly, Nvidia has three computing platforms that address those markets: data center infrastructure to train models, a simulation engine to test those models, and embedded systems that handle on-board computing. Also, the company provides software tools that help developers build the necessary applications. Here's the bottom line: Nvidia enjoys a leadership position in a quickly growing market, and shares trade at a reasonable valuation. The stock price may be volatile over relatively short periods (i.e., months) due to the cyclical nature of the industry, but Nvidia still has a long runway for growth as the physical AI (autonomous cars and robots) market takes shape. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,821!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $886,880!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Meta Platforms, Microsoft, Nvidia, Taiwan Semiconductor Manufacturing, and Tesla. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. The Best Trillion-Dollar Stock to Buy Right Now? Wall Street Has a Clear Answer for Investors. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data