ABB (ABBNY) focusing on robotics innovation, plans to spin off Robotics division by 2026.

From Nasdaq: 2025-06-05 05:20:00

ABB (ABBNY) is a $100 billion Zurich-based industrial company specializing in electrification and automation, helping achieve efficiency and sustainability. Their robotics division partners with CERN for energy-saving research, identifying a 17.4% savings potential across 800 motors. ABB plans to spin off its Robotics division by 2026, emphasizing innovation and independence.

With a history of groundbreaking technology, ABB introduced the world’s first collaborative robot, YuMi, in 2015. Established in 1988 from the merger of ASEA and BBC, ABB now has over 110,000 employees globally. The US footprint is extensive, with 18,500 employees across 40+ locations. ABB’s Process Automation segment ranks #2 globally.

NVIDIA CEO Jensen Huang predicts “Physical AI” as the next industrial revolution, unveiling new robotics vectors at Computex. ABB Robotics division plans to go public, offering intelligent automation solutions for improved productivity and flexibility. Industry experts forecast humanoid robots as the next trillion-dollar industry, surpassing AI’s impact.

Investors can explore ABB (ABBNY) and other related stocks through Zacks Investment Research’s recommendations. The robotics industry is poised for significant growth, with ABB Robotics leading innovation in physical AI. The upcoming IPO of ABB’s Robotics division is anticipated to chart a new path in the evolving industry landscape.



Read more at Nasdaq: Bull of the Day: ABB (ABBNY)