Arbe Robotics shares surge 31.74% intraday after announcing partnership with NVIDIA for AI-driven autonomous driving platform.

Arbe Robotics Ltd (ARBE) surged 31.74% intraday following multiple positive developments. The stock’s sharp rise aligned with its partnership with NVIDIA to develop an AI-driven autonomous driving platform, leveraging Arbe’s 4D imaging radar technology. Additionally, the company announced a $15.7 million private placement to fund growth, while a Chinese state-owned automaker selected its ultra-high-definition radar for an L4 vehicle program. These events collectively signaled strong momentum in Arbe’s core autonomous driving applications and capital-raising efforts, driving investor optimism. A minor institutional purchase by FINANCIAL CONSULATE, INC (1,500 shares) further underscored renewed institutional interest, though the magnitude of the intraday rally was primarily attributed to the strategic partnerships and capital access.