Self-Driving Truck Stock Aurora Innovation Is Surging on a New Deal With Nvidia [Yahoo! Finance]
Aurora Innovation, Inc. - Class A (AUR)
Company Research
Source: Yahoo! Finance
Tuesday morning, after the company announced a major deal with Nvidia and Continental to build thousands of self-driving trucks. As of 10:15 a.m. ET, Aurora's shares were up about 30.3% from Monday's closing price. A big-name partner for a major self-driving truck project In a statement released late on Monday night, Aurora announced a "long-term strategic partnership" with Nvidia and German auto industry supplier Continental under which Nvidia computing hardware will be a key component of the self-driving truck system that Aurora and Continental plan to build at scale starting in 2027. Aurora plans to deploy self-driving trucks in Texas this spring, and to make its technology available at scale in 2027. Image source: Aurora Innovation. Aurora has been working for several years to develop a self-driving system for heavy trucks. Called the Aurora Driver , the system is now close to completing its final validation. Aurora plans to use the system to launch a driverless trucking
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News
- What’s Happening With Aurora Innovation Stock? [Forbes]Forbes
- Aurora Innovation, Inc. (NASDAQ: AUR) had its price target raised by analysts at Canaccord Genuity Group Inc. from $7.00 to $10.00. They now have a "buy" rating on the stock.MarketBeat
- Nvidia CEO on AI & how self-driving cars are a huge opportunity [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Aurora, Continental and Nvidia announce partnership at CES [Yahoo! Finance]Yahoo! Finance
AUR
Sec Filings
- 1/3/25 - Form S-3ASR
- 1/3/25 - Form 4
- 1/3/25 - Form 3
- AUR's page on the SEC website