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The Lucid-Uber Robotaxi Deal: How Nvidia Will Also Benefit
The Motley Fool·2025-07-21 06:00

On Thursday, shares of Lucid Group (LCID -3.04%), a Silicon Valley-based electric vehicle (EV) maker, soared more than 36% following the announcement of a premium robotaxi service deal with ride-hailing giant Uber Technologies (UBER 0.03%). My first thought upon seeing the news was "Yet another deal that will benefit Nvidia (NVDA -0.42%)!" The artificial intelligence (AI) tech leader wasn't mentioned in the press release, but I knew of the Nvidia connection.First, let's look at the Lucid-Uber deal and then ...