NVIDIA Seeks Hota Industrial, Chieftek, Hiwin for Humanoid Robot Supply Chain Amid $50 Trillion AI Automation Market

Dec 2, 2024, 02:57 AM

NVIDIA is reportedly seeking to expand its humanoid robot supply chain by approaching several Taiwanese machine tool and key component manufacturers, including Hota Industrial, Chieftek, and Hiwin. This initiative is seen as part of NVIDIA's broader strategy to enhance its AI capabilities, particularly in the fields of machine learning and natural language processing. Analysts suggest that the company's future growth could hinge on diversifying beyond its core data center GPU business. The potential market for AI-driven automation in heavy industries is estimated at $50 trillion, with NVIDIA's Omniverse and autonomous driving platforms being highlighted as significant assets. Additionally, Tesla's advancements in autonomous technology are being viewed as undervalued, with projections suggesting a potential market value of $500-$600 billion for the company as autonomy develops.