BlackBerry Jumps 18% on QNX Strength as Automotive AI Software Outruns Nvidia

5 articles · Updated · 24/7 Wall St. · May 22

BlackBerry shares rose 18% in midday trading Friday, extending their 2026 gain to 107% as investors rotated into automotive AI software names.
QNX drove the move after BlackBerry's April 9 quarter showed record segment revenue of $78.7 million, up 20%, on total revenue of $156 million and EPS of $0.06 versus $0.04 expected.
QNX is now embedded in more than 275 million vehicles, with a royalty backlog near $950 million and new design wins at BMW Group and Volvo Cars reinforcing BlackBerry's software-defined vehicle pitch.
The broader group moved unevenly: Mobileye gained 4% and Aurora 2%, while Nvidia slipped 1%, underscoring a session focused on specialist automotive software rather than AI chip leaders.
Even after Friday's surge, BlackBerry remains down 22% over five years, highlighting that the rally is a QNX-led recovery story rather than a return to its former handset-era stature.

Is BlackBerry’s massive surge a sustainable comeback or just hype around its legacy QNX automotive software?

As investors favor niche players, can NVIDIA's all-in-one platform eventually dominate the software-defined vehicle market?