10 Cheap Robotics Stocks To Invest In Now

1. NVIDIA Corporation (NASDAQ:NVDA)

Analyst Upside (as of January 11): 28%

No. of Hedge Fund Holders: 193

NVIDIA, whose primary business revolves around designing and manufacturing GPUs, is disrupting the broader market due to its AI technology. Similarly, NVIDIA is playing a big role in autonomous machines and AI-enabled robots through its technology. The demand for AI-enabled robots is at record levels and continues to grow. NVIDIA Corporation’s (NASDAQ:NVDA) three-computer solution allows AI robots to learn and perform complex tasks with precision. Businesses are utilizing Nvidia Robotics’ full-stack, accelerated cloud-to-edge systems, and optimized AI models to train, operate, and optimize their robot systems and software.

On January 6, NVIDIA Corporation (NASDAQ:NVDA) introduced its Isaac GR00T Blueprint which will assist developers to generate exponentially large synthetic datasets to train their humanoids using imitation learning. Over the next two decades, the humanoid robots industry is anticipated to cross $38 billion, which creates a huge opportunity for NVIDIA to exploit the growing market.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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