Uber Stock Darts Higher On Expanded Autonomous Vehicle Partnership With Nvidia

Uber Technologies Inc. (NYSE: UBER) announced an expansion of its partnership with NVIDIA Corp (NASDAQ: NVDA) to launch a global fleet of Nvidia software-driven autonomous vehicles, starting in Los Angeles and San Francisco in the first half of 2027, with plans to expand to 28 cities by 2028. Following the announcement, Uber shares rose 3.12% in after-hours trading, reaching $76.99. The fleet will utilize the Nvidia DRIVE platform and aim for fully driverless Level 4 deployments over time.