Nvidia recently made significant announcements regarding its robotics strategy. The tech powerhouse introduced its Cosmos platform, which provides AI models tailored for the development of humanoid robots and autonomous vehicles. This unveiling coincided with Nvidia’s shares achieving a new all-time high of $149.43 on Monday, surpassing its previous record close of $148.88 from November 7.
According to Wedbush analyst and Nvidia enthusiast Dan Ives, he foresees robotics and autonomous technologies becoming a lucrative $1 trillion market for the company. Nvidia’s CEO Jensen Huang echoed this sentiment during his keynote address, suggesting that the autonomous driving sector alone could potentially evolve into the first multitrillion-dollar industry within robotics.
In addition to its robotics advancements, Nvidia also presented its latest Blackwell-generation gaming GPUs and tools for developers to create their own specialized AI agents. There are reports indicating that Nvidia might introduce a successor to its current Blackwell generation AI chips at the upcoming GTC conference scheduled for March.
StockStory, a platform aiming to assist individual investors in outperforming the market, highlighted these developments. Laura Bratton, a reporter for Yahoo Finance, provided insights into the evolving landscape of Nvidia’s offerings. For more stock market news and comprehensive analysis, including insights into market-moving events, readers can click the provided link.
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