US Stock Market Move | NVIDIA Corporation (NVDA.US) related concept stocks surged, with Aurora Innovation (AUR.US) skyrocketing over 45%.
NVIDIA related concept stocks are exploding, Aurora Innovation surged over 45%
On Tuesday, concept stocks related to NVIDIA Corporation (NVDA.US) soared, with Aurora Innovation (AUR.US) skyrocketing over 45%, Innoviz Technologies (INVZ.US) rising more than 34%, Arbe Robotics (ARBE.US) gaining over 22%, Micron Technology, Inc. (MU.US) up over 6.7%, and Uber Technologies, Inc. (UBER.US) up over 2.3%. In terms of news, Aurora Innovation and NVIDIA Corporation are collaborating on a large-scale deployment of autonomous trucks; Innoviz Technologies has partnered with NVIDIA Corporation to showcase advanced perception software powered by NVIDIA Corporation's DRIVE AGX Orin at CES, revealing new software-driven features; Arbe Robotics previously announced a collaboration with NVIDIA Corporation and will be showcasing its "revolutionary ultra-high definition radar" at this week's Consumer Electronics Show (CES); NVIDIA Corporation's new GeForce GPU will be available starting in January, with Micron Technology, Inc. providing the memory; Uber Technologies, Inc. is collaborating with NVIDIA Corporation to support the development of AI autonomous driving technology, with more details expected to be announced later this year.
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