Nvidia Extends TuSimple Partnership For Autonomous Trucking; Showcases Omniverse Plans

TuSimple Holdings TSP, a global autonomous driving technology company, has expanded collaboration with NVIDIA Corp 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.