Rivian Automotive, Inc. Class A Common Stock (RIVN)
Rivian Unveils Custom AI Chip, Reduces Dependence on Nvidia
Rivian Automotive unveiled a custom artificial intelligence (AI) chip and a comprehensive autonomy platform designed and engineered in-house. The announcement, made at the company's first “Autonomy & AI Day” in Palo Alto, California, marks a departure from reliance on third-party computing solutions such as Nvidia's processors.
Rivian (NASDAQ: RIVN) Price Prediction and Forecast 2025-2030 for December 16
Shares of Rivian Automotive (NASDAQ:RIVN) gained 7.04% over the past five trading sessions after gaining 2.47%% the five prior.
Rivian's Autonomy Bombshell Changes Everything—Even Its Valuation
Rivian Automotive NASDAQ: RIVN shares jumped 12.1% on Friday, Dec. 12, closing at $18.42. This double-digit rally stands out against a backdrop of general unease in the electric vehicle (EV) sector.
Rivian Stock (+12%): AI Ambitions And Custom Silicon Force Re-Evaluation
Rivian's inaugural Autonomy & AI Day catalyzed a significant upward move, with the stock surging 12% on heavy volume. The initial reaction to the event was negative, with the stock closing down the prior day.
Rivian: The Next Leg Higher Is Still Ahead
Since my Hold-to-Buy upgrade, Rivian surged 42%, doubling the S&P's gain. I still see bullish momentum and underappreciated margin expansion ahead. RIVN's Q3 gross profit turned positive, COGS per unit fell to ~$96,300, and margin expansion is now more visible as scale increases. The AI & Autonomy Day revealed a vertically integrated autonomy stack and in-house silicon, supporting recurring revenue and cost reduction.
Rivian: Thank You, Autonomy Day!
Rivian Automotive hosted its first Autonomy & AI Day, revealing new AI chip development and autonomy plans. The EV company didn't announce any robotaxi initiatives, disappointing some investors amid peers' aggressive moves in autonomous mobility. Rivian likely increased the odds of the path to reach 2030 sales of $30 to $40 billion after only topping $5 billion in 2025.
Rivian's Stock Pops Friday. The EV Maker Is Leaning Into Autonomy and AI
Are investors ready to buy into Rivian's vision for its autonomous vehicles and AI?
Rivian's Stock Pops 15% Friday. The EV Maker Is Leaning Into Autonomy and AI
Are investors ready to buy into Rivian's vision for its autonomous vehicles and AI?
Rivian Is Now an AI Stock. Is It Finally a Buy?
Rivian Automotive ( NASDAQ:RIVN ) held its first Autonomy and AI Day conference yesterday, unveiling its inaugural in-house AI chip, the Rivian Autonomy Processor (RAP1).
Rivian's AI, autonomy impress Wall Street, but EV and capital concerns remain
Rivian impressed Wall Street analysts on Thursday with its plans for AI and automation, but significant challenges involving demand and capital remain for the electric vehicle maker. That's according to comments compiled by CNBC following Rivian's first "Autonomy and AI Day" on Thursday in Palo Alto, California.
Rivian unveils custom chip and AI models, eyes subscription self-driving service
Rivian Automotive Inc (NASDAQ:RIVN) has developed its own chip and artificial intelligence models to power future self-driving features, the company announced Thursday at an event in Palo Alto, California. The move will replace Nvidia-powered systems currently embedded in Rivian's vehicles and forms part of the company's broader push into autonomous driving and software-driven services.
Rivian Post Autonomy & AI Day: Is the Stock Worth Buying Now?
RIVN highlights new autonomy chips, LiDAR plans and an AI assistant as it eyes long-term gains despite cash burn and trimmed guidance.
