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Autonomous Industrial Vehicle Firm Cyngn Stock Soars on Nvidia Deal
Investopedia·2025-06-28 00:42

Key TakeawaysCyngn shares took off for a second consecutive day following news of a collaboration with Nvidia.The autonomous industrial vehicle technology firm will use Nvidia's Isaac robotics platform to build self-driving vehicles "across dynamic, real-world environments."Cyngn also announced a $15 million registered direct offering with a single institutional investor. Shares of Cyngn (CYN) skyrocketed for a second straight day Friday after the maker of self-driving industrial vehicle technology announce ...