Nvidia (NASDAQ:NVDA), the AI chipmaker, will supply the computing platform and AI tools behind Einride's push to put more driverless trucks on the road.
Shares moves lower to $224.80 at roughly 10:50 a.m.
The deal gives Nvidia another route into physical AI, though its financial payoff is still unclear.
Neither company has said how much Nvidia technology each truck will carry or when the partnership might produce meaningful revenue.
The test is how many trucks enter serviceand how much Nvidia earns from each one.