US Stock Market Move | Launch of self-developed artificial intelligence chip "RAP1" Rivian Automotive (RIVN.US) soared over 16%

On Friday, Rivian Automotive (RIVN.US) soared over 16%, hitting a new high for the year, and is currently trading at $19.19. In terms of news, the American electric vehicle manufacturer Rivian has released its self-developed artificial intelligence chip "RAP1" and plans to install it in the R2 SUV to replace NVIDIA Corporation's technology. The RAP1 chip can process 50 billion pixels per second, achieving a computation speed of 1.6 trillion operations per second, which is four times faster than systems that rely on NVIDIA Corporation chips.