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Promising Robotics Stocks To Follow Now - August 29th

NVIDIA logo with Computer and Technology background

Key Points

  • NVIDIA, Ambarella, Teradyne, Richtech Robotics, and Ouster are highlighted as the top promising robotics stocks to follow, reflecting high trading volumes and growth potential in automation across various sectors.
  • NVIDIA focuses on graphics and compute solutions, including AI processing and metaverse applications, positioning itself prominently in the robotics and gaming markets.
  • Ambarella leverages semiconductor technology for high-definition video processing, while Richtech Robotics offers a range of robotic solutions for the service industry, enhancing automation capabilities.
  • Want stock alerts on NVIDIA? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

NVIDIA, Ambarella, Teradyne, Richtech Robotics, and Ouster are the five Robotics stocks to watch today, according to MarketBeat's stock screener tool. Robotics stocks are equity shares in companies that design, manufacture and deploy robots and automation technologies. They encompass firms ranging from industrial‐robot builders to AI software developers and service robotics providers. Investing in these stocks lets investors tap into the growth potential of automation across manufacturing, healthcare and other sectors. These companies had the highest dollar trading volume of any Robotics stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Read Our Latest Research Report on NVDA

Ambarella (AMBA)

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

Read Our Latest Research Report on AMBA

Teradyne (TER)

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.

Read Our Latest Research Report on TER

Richtech Robotics (RR)

Richtech Robotics Inc. develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.

Read Our Latest Research Report on RR

Ouster (OUST)

Ouster, Inc. provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.

Read Our Latest Research Report on OUST

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in NVIDIA Right Now?

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