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Stock impact report

Why Rivian Stock Rebounded Today [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
These 10 stocks could mint the next wave of millionaires › Shares of Rivian (NASDAQ: RIVN) jumped 12% on Friday following the electric vehicle ( EV ) maker's inaugural Autonomy & AI Day event. Rivian's stock price fell 6% on Thursday after the event concluded. However, investors appeared to have a change of heart after having more time to think about Rivian's announcements. Highlights included a custom-designed chip geared toward vision-centric physical artificial intelligence ( AI ). The Rivian Autonomy Processor (RAP1) integrates highly efficient and performant processing and memory onto a single multi-chip module. RAP1 will help to power Rivian's in-vehicle computers. Rivian also said it will integrate Light Detection and Ranging (LiDAR) remote sensing technology into future R2 mid-size electric SUV models to improve real-time detection and safety. Additionally, Rivian introduced Autonomy+, a subscription offering set to launch in early 2026. The service provides hands-f Show less Read more
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