Nvidia (NVDA.US) related stocks have been on a roll, with Aurora Innovation (AUR.US) experiencing a massive surge of over 45%.
On Tuesday, Nvidia-related stocks saw a surge, with Aurora Innovation (AUR.US) soaring over 45%, Innoviz Technologies (INVZ.US) up over 34%, Arbe Robotics (ARBE.US) up over 22%, Micron Technology (MU.US) up over 6.7%, and Uber (UBER.US) up over 2.3%. The news included Aurora Innovation and Nvidia collaborating on the large-scale deployment of autonomous trucks; Innoviz Technologies partnering with Nvidia to showcase advanced perception software powered by Nvidia DRIVE AGX Orin at CES; Arbe Robotics announcing a collaboration with Nvidia and showcasing its "revolutionary high-resolution radar" at this week's Consumer Electronics Show (CES); Nvidia's new GeForce GPUs set to be available starting in January, with Micron Technology providing memory; and Uber collaborating with Nvidia to support the development of AI self-driving technology, with more details to be revealed later this year.