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BTCC / BTCC Square / Global Cryptocurrency /
Rivian’s AI Showcase Sparks Wall Street Optimism Despite Stock Volatility

Rivian’s AI Showcase Sparks Wall Street Optimism Despite Stock Volatility

Author:
Global Cryptocurrency
Published:
2025-12-12 20:22:02
23
3
BTCCSquare news:

Rivian Automotive Inc. demonstrated its autonomous driving ambitions at its inaugural Autonomy and AI Day, unveiling custom silicon and upgraded software. The event triggered a 15% Friday stock rebound after a 6.1% Thursday decline, closing at $16.43.

Needham analysts boosted their price target by 64% to $23, citing Rivian's transition from traditional automaker to AI-driven mobility architect. "RIVN signaled a shift from an [automaker] adopting autonomy to one leveraging AI to build end-to-end autonomy," wrote analyst Chris Pierce. Deutsche Bank's Edison Yu noted strategic promise but acknowledged investor disappointment over absent partnership announcements.

The showcase featured RAP1, a proprietary processor for physical AI applications, alongside next-generation driver assistance systems targeting personal L4 autonomy. Market observers anticipate heightened commercial potential when Rivian launches its R2 SUV platform next year.

|Square

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