Rivian (RIVN) stock surged 18% in early Friday trading following the company's announcement of significant advancements in autonomous driving technology. The automaker unveiled self-developed chips, a new in-vehicle computer, and AI models designed to enhance autonomous driving capabilities. Rivian also plans to expand its autonomous driving mileage in the U.S. and Canada to 3.5 million miles with its next-generation R1 vehicle. In response to these developments, Needham raised its price target for Rivian to $23, reflecting increased investor optimism. The market's focus also remains on altcoins as sentiment shifts, highlighting the dynamic nature of the current investment landscape.