- TuSimple Holdings (NASDAQ:TSP), a global autonomous driving technology company, has expanded collaboration with NVIDIA Corp (NASDAQ:NVDA).
- The companies bonded to design and develop an advanced autonomous domain controller (ADC) engineered explicitly for TuSimple's Level 4 autonomous trucking applications.
- The ADC design will incorporate the NVIDIA DRIVE Orin system-on-a-chip (SoC), designed explicitly for AI-based autonomous driving applications.
- The collaboration with NVIDIA will likely accelerate TuSimple's ability to put autonomous trucks on the Autonomous Freight Network (AFN) at scale with a production-ready computing solution capable of handling both the unique requirements and powerful computational needs of TuSimple's autonomous driving system (ADS).
- Separately Nvidia showcased over 160 gaming and Studio GeForce-based laptop designs and new desktop and laptop GeForce RTX GPUs and technologies for gamers and creators.
- Nvidia disclosed new RTX-accelerated content and the expansion of both GeForce NOW cloud gaming and the NVIDIA Studio ecosystem, including the launch of NVIDIA Omniverse for creators.
- Shares of tech and software stocks are trading lower following a rise in U.S. Treasury yields, which has pressured growth sectors.
- Price Action: NVDA shares traded lower by 4.86% at $286.56 on the last check Tuesday.
