$NVIDIA(NVDA)$
With the unveiling of Nvidia's Cosmos - Stock Skyrockets, Time to Buy, Buy and Buy. "We really hope (Cosmos) will do for the world of robotics and industrial AI what Llama 3 has done for enterprise AI," Huang said.
Bank of America analyst Vivek Arya said it remained to be seen whether the robotics push would significantly boost Nvidia's sales.
"The challenge in our view is ... making the products reliable enough, cheap enough and pervasive enough to spawn credible business models," Arya said in a note to clients. "From that perspective robotics could remain another cool but niche opportunity such as metaverse or autonomous cars."
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