Chinese lidar manufacturer Hesai saw a significant increase in stock prices following a partnership announcement with Nvidia for autonomous driving technology. The collaboration is expected to enhance Hesai’s position in the rapidly growing autonomous vehicle market. Nvidia’s expertise in AI and autonomous driving technology will complement Hesai’s lidar technology, providing a comprehensive solution for self-driving vehicles.

Read more at Investing.com: Chinese lidar maker Hesai surges on Nvidia autonomous driving tie-up