Nvidia is set to benefit from the rapid growth of humanoid robots with AI capabilities.

From Nasdaq: 2025-01-20 05:30:00

Humanoid robots powered by AI are on the rise, with Nvidia CEO Jensen Huang predicting their arrival sooner than expected. The global humanoid robot market is projected to grow rapidly, with estimates reaching $59.2 billion by 2029 and shipments expected to soar. Nvidia leads in providing AI technology for humanoid robots, making it a key player in the market’s growth.

Nvidia is deeply involved in the development of humanoid robots, offering chips and technology to enable AI capabilities. The company recently introduced Project GR00T for humanoid robots, showcasing its commitment to advancing robotics through generative AI. Nvidia’s full-stack offering of software, hardware, and tools makes it a top choice for companies developing humanoid robots.

Investing in Nvidia could be a smart move, given its significant role in the booming humanoid robot market. While Nvidia wasn’t among the 10 best stocks identified by the Motley Fool Stock Advisor team, its technology and initiatives in the robotics space make it a promising investment for the future. With Nvidia’s strong position in AI technology, it could be a lucrative opportunity for investors looking to capitalize on the growth of humanoid robots. Stock Advisor service has outperformed S&P 500 by more than four times since 2002. Check out the top 10 stocks recommended. Beth McKenna owns Nvidia shares. The Motley Fool also holds positions in Apple and Goldman Sachs Group. Disclosure policy in place. Author’s views do not necessarily reflect Nasdaq, Inc.



Read more at Nasdaq: Nvidia Stock Is Poised to Be a Big Winner From Humanoid Robots, Which Are Coming Faster Than Many People Probably Realize