NVIDIA Stock Rebounds on Robotics Expansion Plans
NVIDIA's stock price rebounded after Jensen Huang highlighted the company's expansion into global robotics. The stock recovered from an intraday low of $193 and traded at $197.43, gaining 0.47%. Huang said that robotics had already reached a major commercial growth phase several years ago.
The company's physical AI strategy is expanding through various partnerships, including with automakers such as Hyundai, Kia, BYD, Geely, Isuzu, Nissan, and Uber. NVIDIA provides computing systems for commercial transport, automation, and machine-based decision processes. Its robotics technology includes Cosmos models, Isaac GR00T systems, and the DRIVE Hyperion platform.
The company's strong revenue results support its expansion into robotics. In the first quarter of fiscal 2027, NVIDIA reported $81.615 billion in revenue, representing an annual growth rate of 85.23%. Data Center revenue reached $75.246 billion, rising 92% from the same period last year.