10 Best AI Chip Stocks to Buy According to Hedge Funds

9. Texas Instruments Inc. (NASDAQ:TXN)

Texas Instruments Inc. (NASDAQ:TXN) is one of the 10 best AI chip stocks to buy according to hedge funds.

On March 5, Texas Instruments Inc. (NASDAQ:TXN) announced a collaboration with NVIDIA Corporation (NASDAQ:NVDA) to ensure fast and safe integration of humanoid robots in the real-world environment. Through this cooperation between TI’s real-time motor control, sensing, radar, and power technologies with Nvidia’s robotic compute, ethernet-based sensing, and simulation capabilities, robotics developers will be able to test their perception, actuation, and safety earlier than ever before.

Texas Instruments Inc. (NASDAQ:TXN) provides a connection to Nvidia’s physical AI compute from concept through deterministic control, sensing, power, and safety at each joint and subsystem of the humanoid robot. This initiative seeks to make developers go from simulation environments much faster towards producing and deploying safe and scalable robotics.

The company has also produced a sensor fusion platform through combining its mmWave radar technology with Nvidia’s Jetson Thor through the use of Nvidia’s Holoscan Sensor Bridge to provide fast 3D perception and safety in motion in humanoid robots. The TI’s sensor fusion solution was presented at Nvidia GTC, an event that happened on March 16-19 in San Jose, California.

Texas Instruments Inc. (NASDAQ:TXN) develops a wide range of semiconductors for the global electronics market. The company supplies essential power management solutions, signal chain products, and microcontrollers to support industrial and automotive applications. It also commercializes wireless connectivity hardware, radar systems, and application-specific integrated circuits.