AVA Surges 30% on Nvidia Autonomous Driving Tech Partnership

9 days ago

Nathan

"Now this is a a liar company, a sensor technology essentially. It is surging in pre-market. That's what you need to know. Up over 30%, Nathan, after Nvidia chose its laserbased technology to power its autonomous driving platform. It comes alongside a a string of of new launches from Nvidia at the CES trade show in Las Vegas. One of those was a new vehicle platform called Alpameo, which allows autonomous cars to reason in the real world, essentially think their way out of unexpected situations. So Nvidia is aiming to extend their reach of its technology and it's including uh reaching out into uh autonomous driving platforms with this new agreement with the AVA LAR company."

The segment notes that AVA, a sensor technology company, is surging over 30% in pre-market trading following Nvidia's decision to incorporate its laser-based technology for autonomous driving. The announcement, made in the context of Nvidia's CES launches, positions AVA as a noteworthy player in the evolving autonomous driving market.

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