Understanding the Market | ROBOSENSE rises over 6% as it deepens cooperation with NVIDIA, fully integrating the EM and E platforms into the DRIVE ecosystem
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ROBOSENSE's stock price rose by more than 6%, with an increase of 6.5% as of the time of publication, trading at HKD 44.54, with a turnover of HKD 165 million. The company announced a deepened collaboration with NVIDIA, integrating its high-performance automotive-grade digital lidar into the NVIDIA DRIVE ecosystem to support the development of autonomous driving technology. JP Morgan upgraded its investment rating from "Neutral" to "Overweight," raising the target price from HKD 28.6 to HKD 53, expecting to achieve positive net profit in the future
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