Serve Robotics Stock Skyrockets After Nvidia Investment

Nvidia's $3.7 million stake in Serve Robotics propels shares to significant gains, reflecting investor confidence in AI-driven delivery solutions.

Serve Robotics' stock surged up to 241% following Nvidia's investment disclosure.
Nvidia converted a $3.7 million convertible debt note into a 10% equity stake in Serve Robotics.
Serve Robotics specializes in self-driving delivery vehicles for last-mile logistics.
The company was spun off from Uber in 2021 and operates primarily in Los Angeles.
Serve Robotics aims to expand its operations to San Diego, Dallas, and Vancouver.