One of the Best Robotics Stocks to Buy According to Billionaires
From Yahoo Finance: 2025-03-29 18:00:00
The robotics industry is booming, with global growth driven by AI advancements and a focus on humanoid robots. By 2035, the market for humanoid robots is projected to reach $38 billion, a significant increase from previous forecasts. In 2023, there were 4.28 million robots operating worldwide, with Asia leading the market. Despite challenges like tariffs, robotics stocks show promise, with increased demand for automation systems and humanoids. Teradyne, Inc. (NASDAQ:TER) is a key player in this sector, focusing on semiconductor testing and industrial automation technologies. The company is expanding its AI-driven robotics solutions, recently acquiring Quantifi Photonics and partnering with Infineon Technologies. With a focus on AI accelerators, Teradyne is poised for growth in the robotics sector.
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