US Stock Market Move | Hesai (HSAI.US) rose by over 5% as autonomous driving enters a phase of comprehensive commercial deployment, with shipments of LiDAR expected to continue to rise.

On Thursday, HSAI.US rose more than 5%, closing at $28.13. According to CCTV Finance, with the continuous evolution of vehicle autonomous driving capabilities, the related industry chain has maintained high growth rates in recent years. Among them, the shipments of laser ranging devices, as one of the key hardware components, have been increasing. A production director of a certain company introduced that the entry-level price of laser ranging devices on the market has decreased to a lower level. "For around 1000, 2000, or 3000 dollars, vehicles can be equipped with traditional laser ranging devices." In addition, computing power support is also crucial. The head of a company specializing in smart computing businesses mentioned that the implementation of L3 autonomous driving is expected to further boost market growth. "The implementation of L3 represents a concentrated explosion of demand for computing power in the automotive and autonomous driving industries, with the scale possibly expanding by more than ten times." It is widely believed in the market that 2026 is likely to become an important milestone for autonomous driving to transition from the "technology validation stage" to "wider commercial application", providing growth opportunities for components manufacturers in the related industry chain. Recently, analysts at Deutsche Bank predicted in a report that autonomous driving vehicles will move beyond the pilot stage and enter into a full commercial deployment phase.