Aurora Innovation, Inc. (AUR, AUROW) surged over 43% on Tuesday morning after the company Aurora, Continental, and NVIDIA (NVDA) announced a long-term strategic partnership to deploy driverless trucks at scale, powered by the next-generation NVIDIA DRIVE Thor system-on-a-chip (SoC).
AUR is currently trading at $9.36, up $2.86 or 43.93%, on the Nasdaq. The stock opened its trading at $9.07 after closing Monday at $6.50. The stock has traded between $2.10 and $9.83 in the past 52-week period.
NVIDIA's DRIVE Thor and DriveOS will be integrated into the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-manufacture in 2027.
"Delivering one driverless truck will be monumental. Deploying thousands will change the way we live," said Chris Urmson, CEO and co-founder at Aurora. "NVIDIA is the market leader in accelerated computing, and they'll strengthen our ecosystem of partners and our ability to deliver safe and reliable driverless trucks to our customers at scale."
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