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,

Shares of autonomous trucking start-up Aurora Innovation (NASDAQ: AUR) were trading sharply higher on Tuesday morning, after the company announced a major deal with Nvidia and Continental to build thousands of self-driving trucks.

Aurora, Continental, and NVIDIA announced a strategic partnership to deploy driverless trucks at scale, powered by the next-gen NVIDIA DRIVE Thor system-on-a-chip.