Tiny industrial robotics company Cyngn Inc. went parabolic on Thursday, at one point going up more than 300% until it was halted for volatility after trumpeting its relationship with the biggest publicly traded company in the world: AI juggernaut Nvidia. It managed to finish the day up 173%.
“Cyngn was selected among a handful of robotics innovators using NVIDIA Isaac technologies to accelerate safe, scalable autonomy across dynamic, real-world environments,” the company said yesterday in an incredibly lucrative press release.
An Nvidia blog post on Tuesday shouted out Cyngn as one of many robotics “leaders” deploying its technology. However, the ramp in Cyngn didn’t really start until Wednesday’s session was nearly over.
Cyngn has generated less than $3 million in revenue over its lifetime as a publicly traded company, but has now seen its market cap surge to about $24 million.
Interest was needless to say intense. Over 44 million shares changed hands less than 15 minutes into Thursday’s session. By the end of the day, $2.6 billion had changed hands. That was more volume than every other session in 2025 combined. Heck, it’s more than was traded in the past three years.
The Takeaway
How in the world isn’t some algorithm scraping all of Nvidia’s corporate sites for mentions of companies and taking positions in stocks that had no previously disclosed relationship with the semi designer giant? That developer blog was published on Tuesday.
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