Arm Holdings plc (NASDAQ: ARM) is reorganizing to expand into robotics with a new Physical AI unit, as reported on January 7. The company aims to capitalize on the growth potential in the robotics industry to enhance labor efficiency and boost GDP in the future, according to Drew Henry, head of the new unit.
Analysts Stephane Houri and Vivek Arya recently upgraded Arm Holdings (ARM) stock to Buy with price targets of $170 and $145 respectively. The company, known for developing central processing units, is positioning itself for growth in the robotics industry through its new Physical AI unit.
While Arm Holdings (NASDAQ: ARM) shows promise as an investment, some AI stocks may offer better upside potential with lower downside risk. Investors interested in undervalued AI stocks can explore opportunities beyond Arm Holdings in the current market landscape.
Read more at Yahoo Finance: Arm Holdings (ARM) Expands in the Robotics Industry With Physical AI Unit
