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Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads
BYDDF 12.37+0.4%Nov 5 3:59 PM EST

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From: Julius Wong2/14/2025 7:55:01 AM
   of 2779
 
WeRide jumps after Nvidia discloses position

Feb. 14, 2025 7:29 AM ET
By: Preeti Singh, SA News Editor

WeRide (NASDAQ: WRD) shares jumped over 107% premarket on Friday after AI giant Nvidia ( NVDA) disclosed a position in the Chinese robotaxi developer.

As of Dec. 31, 2024, Nvidia's ( NVDA) holdings in WeRide (NASDAQ: WRD) totaled around 1.74M shares, worth around $24.65M, according to the chip giant’s latest 13F filing.

WeRide, which makes robobuses, robotaxis and robosweepers and related sensor suites, was valued at about $4.4B in a March 2022 fundraising round.

The company filed for U.S. IPO in August 2024. It made its Nasdaq debut in late October, after raising $440.5M in the IPO and a private placement.
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