At today’s CES conference, NVIDIA CEO Jensen Huang announced three major collaborations, further solidifying the company's core position in autonomous driving and AI computing. These partnerships quickly triggered a strong response in the stock markets, with the stocks of the collaborating companies seeing significant gains, once again validating the powerful impact of the " $NVIDIA(NVDA)$ Effect."
Some are saying that Huang has already pointed us to which companies to invest in at CES. Let’s take a look at NVIDIA’s investment universe!
1. $Aurora Innovation(AUR)$ jumps 30% on accelerating commercialization of autonomous trucks
NVIDIA announced a partnership with Aurora to drive the large-scale deployment of autonomous trucks based on its DRIVE platform. Aurora will leverage NVIDIA's technological strength to enhance its competitiveness in the autonomous driving field. After the announcement, Aurora's stock surged by 30%.
2. $Micron Technology(MU)$ will provide memory support for next-generation GPUs
As a key supplier of high-performance computing, Micron’s technical support further strengthens the performance advantages of NVIDIA's GPUs, driving a more than 10% increase in its stock price.
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