By Adriano Marchese
BlackBerry shares rose Monday after the company said its QNX operating-system software will be integrated into Nvidia's new artificial-intelligence platform for industrial and healthcare machines.
BlackBerry's shares traded over 11% higher in Toronto, reaching 7.39 Canadian dollars.
The Waterloo, Ontario-based cybersecurity and embedded-software company, once known for its ubiquitous smartphones, currently operates a division called QNX that provides software that powers critical functions in cars, medical devices, industrial robots and other safety-sensitive systems.
The expanded collaboration between the two companies allows developers building advanced robots, surgical systems and industrial equipment on Nvidia's IGX Thor hardware to use QNX as the built-in safety-and-control layer.
The move ties BlackBerry more closely to one of the biggest names in AI and positions QNX at the center of safety-critical automation.
QNX is best known for its role in automotive software, but the Nvidia deal broadens its reach into fast-growing markets where reliability and safety certifications are critical. About 20% of QNX's revenue now comes from outside the automotive sector, Chief Executive John Giamatteo told The Wall Street Journal. The executive said he expects that share to grow as robotics and AI-driven machines increasingly require real-time, safety-certified software.
The QNX segment is expected to generate about $290 million to $307 million in fiscal 2027, supporting BlackBerry's full-year outlook of revenue to reach between $584 million and $611 million, up from $549.1 million in fiscal 2026, and ahead of analyst projections.
The stock is currently over 42% higher year to date and up 68% over the last 52 weeks.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
04-20-26 1115ET
