Aurora Innovation's shares rose 35% on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy driverless trucks. Uber-backed Aurora's stock has nearly doubled in the past 12 months,

Driverless trucks are expected to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks in the near term

In a statement released late on Monday night, Aurora announced a "long-term strategic partnership" with Nvidia and German auto industry supplier Continental under which Nvidia computing hardware will be a key component of the self-driving truck system that Aurora and Continental plan to build at scale starting in 2027.