Newspatrolling.com News cum Content Syndication Portal Online
Combination of AI and robotics is set to revolutionize the future — an opportunity that can be strategically leveraged by investors
Artificial Intelligence (AI) can perform complex tasks within seconds, but it lacks a physical presence. Tech companies realize this gap and are working on AI-powered robots and machines that can effortlessly execute complex physical tasks. It is expected that advanced AI-powered robots will become quite common by 2050.
With that, stocks of robotics companies are expected to make significant gains in the coming years. If you are looking to invest in robotics stocks, here are some options you can consider.
Intuitive Surgical (NASDAQ: ISRG) – Considered a global leader in surgical robotics, Intuitive Surgical can be a good investment option in the robotics domain. One of the leading products offered by the company is the da Vinci Surgical System. It allows minimally invasive surgical procedures with focus on a high level of control, precision and visualization. The da Vinci Surgical System has been widely used across various gynecology, urology and general surgery procedures. Intuitive Surgical currently has a market share of around 57% in surgical robotics. The future looks bright, as this market segment is expected to grow to around $45.9 billion by 2034.
NVIDIA (NASDAQ: NVDA) – While not directly developing robots, NVIDIA has made significant contributions to robotics via its advanced AI computing platforms. NVIDIA has developed powerful tools such as the Jetson family of edge AI modules and Isaac platform. These play a key role for autonomous machines by enabling perception, simulation and control frameworks. These solutions allow robots to learn and improve in real time. Such robots can be seamlessly deployed across sectors such as healthcare, logistics, manufacturing and service industries. While not a direct robotics manufacturer, NVIDIA empowers other enterprises to build smarter robots.
Tesla (NASDAQ: TSLA) – To manage its labor shortage, Tesla is looking at robotics as the most appropriate solution. Tesla is working on its Optimus humanoid robot, which can be a gamechanger when fully developed. Apart from its use on earth, Tesla robots can also help the company to accomplish its goals in space exploration. Colonization of planet Mars can become easier with advanced AI-powered robots. Tesla will begin by using its robots in its factories. It is estimated that the humanoid robot market can reach $38 billion by 2035.
UiPath (NYSE: PATH) – One of the leading players in robotic process automation (RPA), UiPath has presence across industries such as finance and healthcare. One of the focus areas for the company is to develop software that can automate repetitive tasks. Efficiency is increased by integrating AI with the automation software. UiPath does not develop physical robots, but its dominance in software automation makes it an important player in the robotics domain.
Serve Robotics (NASDAQ: SERV) – This company is focused on a niche segment – the autonomous delivery market. While operations are currently not as big, the autonomous delivery market is expected to touch around $450 billion by 2030. This presents a significant growth opportunity for Serve Robotics. The company has already made some big deals such as the partnership with Uber Eats to deploy around 2,000 robots in CY2025.
DISCLAIMER – This article is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult a SEBI-registered professional before making any investment decisions. Investments are subject to market risks.
