12 Best Fortune 500 Stocks to Buy According to Billionaires

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3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 212

Dollar Value of Billionaire Holdings: $33 billion

Number of Billionaire Investors: 29

NVIDIA Corporation (NASDAQ:NVDA) is one of the best Fortune 500 stocks to buy according to billionaires. NVIDIA and Foxconn Technology Co. Ltd. (OTC:FXCOF) are in advanced discussions to implement humanoid robots at Foxconn’s new AI server manufacturing facility in Houston, Texas. This initiative, if finalized, would mark the first time NVIDIA’s products are manufactured with the assistance of humanoid robots and the first instance of Foxconn using such robots on an AI server production line.

The Houston factory is slated to commence operations in early 2026 to deploy humanoid robots by the first quarter of that year to help assemble NVIDIA’s GB300 AI servers. The facility’s design includes extra space specifically to accommodate this type of automation. Foxconn has been actively training humanoid robots for various manufacturing tasks, such as picking & placing objects, inserting cables, and performing general assembly work, as evidenced by a company presentation in May.

Foxconn has developed its own humanoid robots in collaboration with NVIDIA and has also conducted trials with robots from China’s UBTech, though the specific model and number of robots to be deployed in Houston are yet to be confirmed. Foxconn executive Leo Guo indicated last month that the company plans to unveil two humanoid robot models at its annual tech event in November: one with legs and another with a wheeled autonomous mobile base, with the latter expected to be more cost-effective.

NVIDIA Corporation (NASDAQ:NVDA) is a technology company that provides graphics and compute & networking solutions internationally. Foxconn Technology Co. Ltd. (OTC:FXCOF) manufactures, processes, and sells cases, heat dissipation modules, and consumer electronics products.

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