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AEye stock (LIDR) soars 54% after Nvidia partnership - is this the hottest AI stock on the market right now?
AEye stock (LIDR) soars 54% after Nvidia partnership - is this the hottest AI stock on the market right now?

Time of India

time25-07-2025

  • Business
  • Time of India

AEye stock (LIDR) soars 54% after Nvidia partnership - is this the hottest AI stock on the market right now?

AEye, Inc. (NASDAQ: LIDR) saw a huge jump in its stock price this week — up 54%, after big news about a tech partnership with Nvidia. The reason? AEye's Apollo lidar system is now fully integrated into Nvidia's DRIVE AGX platform, which is used in smart and self-driving vehicles. This integration makes AEye a big player in the autonomous driving world, a sector many investors are watching closely. Investors got super excited — at one point during the day, AEye's stock hit $5.08, which was a 74% rise just in one day, according to the report by Shere Price Target. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Management CXO Project Management Finance MBA Healthcare Data Science Design Thinking PGDM Others Product Management healthcare Public Policy Cybersecurity Data Analytics others Technology Artificial Intelligence MCA Operations Management Digital Marketing Leadership Degree Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Overall, intraday trading pushed the stock up by more than 250%, making it one of the biggest short-term jumps in recent tech market history. This jump came after a long period where AEye was underperforming and people were unsure about its future, as per the reports. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo ALSO READ: AEye stock skyrockets 255% after game-changing Nvidia deal stuns Wall Street Why this Nvidia deal is a big deal Nvidia's DRIVE AGX platform is widely used by carmakers building self-driving cars, so getting on that system gives AEye huge exposure. AEye's Apollo system offers a 1-kilometer detection range, which is very advanced for lidar, and can receive over-the-air software updates, meaning it can improve without changing hardware, according to the report by Shere Price Target. Live Events CEO Matt Fisch said this move shows the world that AEye's tech works well and is ready for big markets. He also said that Apollo's compact design and flexible system help automakers make updates without changing the car's hardware — a major need in today's smart car designs. But it's not all perfect yet Even though the stock is up, analysts say investors should still be careful, as AEye is still losing money and hasn't shown consistent revenue growth. But being part of Nvidia's ecosystem adds credibility and could attract new business, especially as the industry moves toward fully autonomous vehicles, as stated by the report by Shere Price Target. ALSO READ: It vanished for 8 years, now this iconic app is coming back with a new feature, courtesy - Elon Musk What's coming next for AEye? AEye's next earnings call is on July 31, and investors are waiting for updates on: The Nvidia partnership progress New product news, especially the OPTIS suite, which targets smart transport and security markets For now, AEye is getting a lot of attention, and many wonder — could this be the next big AI stock? FAQs Q1. Why did AEye (LIDR) stock go up so much? AEye stock jumped after its Apollo lidar system got integrated into Nvidia's DRIVE AGX platform for self-driving cars. Q2. Is AEye a good AI stock to buy now? AEye gained attention after partnering with Nvidia, but analysts say it still needs steady growth before it's a strong long-term investment.

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