Is indie Semiconductor, Inc. (INDI) One of the Best High Return Penny Stocks to Buy Right Now?

indie Semiconductor Inc. (NASDAQ:INDI) is one of the best high-return penny stocks to buy right now. On February 4, Mahindra & Mahindra Limited selected indie Semiconductor Inc. (NASDAQ:INDI) to provide driver and occupant monitoring system technology for its vehicles.

indie Semiconductor is to integrate its CABIN EYE perception software in Mahindra’s Electric Origin SUVs XEV 9e and BE 6. The monitoring system is designed to detect driver drowsiness, responsiveness, and occupant presence. The CABIN EYE software minimizes the need for resource-intensive per-vehicle optimization because perception algorithms are insensitive to it.

“Our mission has always been to deliver intelligent software solutions that improve road safety and elevate the driving experience. With Mahindra’s visionary approach to electric vehicles and indie’s cutting-edge technology, we are setting new standards for in-cabin monitoring systems across the automotive industry,” said Florian Seitner, VP & GM Perception Software at indie.

indie Semiconductor Inc. (NASDAQ:INDI) is a fabless automotive technology company that designs and develops specialized mixed-signal semiconductors, sensors, and software for advanced driver assistance systems (ADAS), user experience, and electrification. It specializes in edge sensors (LiDAR, radar, ultrasound, computer vision) to enable vehicle safety, automation, and in-cabin connectivity for top-tier automotive suppliers.

While we acknowledge the potential of INDI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.