SenseTime's stock (SENSETIME-W) surged 6.70% intraday on Tuesday, reflecting a broader rally in robot and intelligent driving stocks.
The surge was driven by Nvidia's announcement of a new AI tool for autonomous vehicles and robots. Nvidia's CEO, Jensen Huang, highlighted that the robotics sector has reached its “ChatGPT moment,” sparking investor optimism. The company also revealed plans to test an L4 autonomous robotaxi service with partners in 2027, further boosting sentiment in the sector.
Other stocks in the sector, including Zhejiang Shibao, Pony AI, and XPeng, also saw significant gains, indicating a sector-wide rally fueled by Nvidia's developments.