Nvidia Stock Slides as Driverless Truck Partnership Unveiled
Nvidia's stock price dipped to $224.80 on Friday morning as the AI chipmaker announced its partnership with Einride, a company pushing driverless trucks onto public roads.
Einride aims to deploy up to 2,000 vehicles by 2028, with about 80% of that demand potentially suitable for automation.
While Nvidia will supply the computing platform and AI tools behind Einride's autonomous freight solutions, its financial payoff remains unclear.
The partnership gives Nvidia a new route into physical AI, but the lack of disclosed details on content and revenue per vehicle is a concern.