Nvidia declines after self-driving Uber car kills pedestrian
Shares of semiconductor maker Nvidia (NVDA) are trading near session lows after reports that Uber was pausing autonomous vehicle tests after a fatal crash in Tempe, Arizona. According to reports, from various news outlets, Uber is pausing the testing of its autonomous vehicles following a fatal crash in Arizona. An autonomous Uber vehicle, with a driver behind the wheel, reportedly struck a woman walking outside of the crosswalk in Tempe, Arizona. Earlier this year NVIDIA and Uber announced that the ridesharing company has selected NVIDIA technology for the AI computing system in its fleet of self-driving vehicles. Speaking at the opening press conference of CES 2018, NVIDIA founder and CEO Jensen Huang said that the collaboration utilizes NVIDIA technology for Uber Advanced Technologies Group's fleets of self-driving cars and freight trucks, running AI algorithms that enable vehicles to perceive the world, predict what will happen next and quickly choose the best course of action, even in complex environments. PRICE ACTION: Shares of Nvidia are down 4.15% to $240.08 in afternoon trading.