Aurora Innovation, Inc. (AUR): Among The Companies That Partnered With NVIDIA This Month

We recently compiled a list of the 8 Companies That Partnered With Nvidia (NVDA) This Month. In this article, we are going to take a look at where Aurora Innovation, Inc. (NASDAQ:AUR) stands against the other stocks that partnered with NVIDIA this month.

Nvidia continues to be the biggest beneficiary of the rampant spending on AI infrastructure. The company’s Blackwell GPUs continue to be the most talked about technology in tech circles and that has catapulted the stock close to its all-time highs.

For many, the stock continues to be an expensive bet and at current levels, it is hard to pull the trigger and invest in the company’s stock. If you’re in the same boat and find it hard to buy a stock at its all-time highs, you may want to consider investing in companies that work with Nvidia. Nvidia’s accelerated computing technologies are powering many companies’ products, especially those related to AI and autonomy.

A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle.

Aurora Innovation, Inc. (NASDAQ:AUR)

We covered Aurora’s partnership with Nvidia in detail before. The company is on a mission to bring driverless trucks on the road and redefine how companies deal with logistics. Its Aurora Driver platform is a tool that provides all that’s needed for a truck to operate as an autonomous vehicle.

Nvidia will offer the company its DRIVE Thor system-on-a-chip and its DriveOS operating system. The purpose of the partnership is to not only create the first fully autonomous truck but also to scale it to a logistics network. This long-term focus suits investors who want to bet on a long-term AI play like Aurora.

Aurora Innovation’s stock closed up 28% yesterday, though it is pulling back considerably today. It continues to be on an uptrend as its autonomy ambitions move closer to becoming a reality thanks to Nvidia.

Overall AUR ranks 6th on our list of the companies that partnered with NVIDIA this month. While we acknowledge the potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as AUR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.