We not too long ago compiled a listing of 8 companies that partnered with Nvidia (NVDA) this month. In this text, we’ll check out how Innoviz Technologies Ltd. (NASDAQ:INVZ) compares to different shares which have partnered with NVIDIA this month.
Nvidia continues to be the most important beneficiary of rampant AI infrastructure spending. The firm’s Blackwell GPUs proceed to be probably the most talked about expertise in tech circles, and this has catapulted the inventory close to its all-time highs.
For many, the inventory continues to be an costly wager and at present ranges it’s troublesome to drag the set off and spend money on the corporate’s shares. If you are in the identical boat and discover it troublesome to purchase a inventory at its all-time highs, you could need to take into account investing in firms that work with Nvidia. Nvidia’s accelerated computing applied sciences are powering many firms’ merchandise, notably these associated to synthetic intelligence and autonomy.
A fleet of autonomous autos drives alongside a sunny freeway.
Innoviz inventory has been struggling since its peak in 2021. A gentle downtrend has since worn out a lot of the shareholder worth. However, issues have modified within the final month, with the top off 180%. The important purpose for this enhance is clearly the optimism surrounding autonomous driving, made attainable due to enhancements in synthetic intelligence applied sciences and accelerated processing.
Inoviz makes software program for the LiDAR expertise that powers a lot of the present crop of autonomous autos like Google’s Waymo. Its collaboration with Nvidia introduced at CES 2025, includes Nvidia’s Drive AGX Orin supercomputer. The firm will leverage this {hardware} to enhance its software program capabilities. This is definitely what most different firms try to do, accelerating the event of their very own expertise utilizing Nvidia’s {hardware}.
Here’s how the corporate put it in its press launch:
The collaboration with NVIDIA represents a giant step ahead within the trade’s transfer in direction of high-performance AI-enabled notion methods. Innoviz’s notion software program, optimized to work with the NVIDIA DRIVE Orin platform, permits real-time processing and superior understanding of the automobile setting, enabling distinctive object detection, classification and monitoring capabilities.
It might not be too late to take a stand on the inventory but, contemplating how badly it was overwhelmed previous to its current run.
Overall INVZ ranks third in our record of firms partnering with NVIDIA this month. While we acknowledge INVZ’s potential as an funding, our perception lies within the perception that sure AI shares are extra promising in delivering larger returns, and doing so in a shorter time-frame. If you are searching for an AI inventory as promising as INVZ however buying and selling at lower than 5 instances its earnings, try our report on cheapest AI shares.
