From Stocktwits: 2025-02-14 13:08:06

Guangzhou-based WeRide, a company developing autonomous driving technologies, saw its stock surge nearly 80% to a record high after news broke that Nvidia had acquired a stake in the startup. Nvidia owns 1.7 million shares of WeRide, valued at around $25 million as of December. Retail traders were excited, with Stocktwits sentiment and message volume reaching lifetime highs. JPMorgan recently initiated coverage on WeRide with an ‘Overweight’ rating, highlighting its global presence in autonomous driving. WeRide has partnerships with Uber and launched autonomous projects in Singapore. The stock has more than doubled year-to-date.



Read more at Stocktwits: Chinese Startup WeRide’s Stock Zooms To Record High After Nvidia Discloses $25M Stake: Retail Can’t Be Happier