Archer Aviation stock (ACHR) set for Monday test after Nvidia IGX Thor air-taxi AI plan
Archer Aviation shares closed up 1.2% at $8.81 Friday after announcing a collaboration with Nvidia on AI systems for its Midnight eVTOL aircraft at CES. The company also confirmed it acquired Hawthorne Airport in Los Angeles for $126 million to serve as a hub. CEO Adam Goldstein received 131,300 deferred restricted stock units tied to 2024 performance. Archer cautioned that its Nvidia partnership remains conditional.