5 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More

2. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 275

On June 29, Bernstein reiterates Nvidia as “Outperform,” stating that the AI chipmaker is a key player in the humanoid space. The firm highlighted both Nvidia and Qualcomm are at the forefront of developing advanced processors that serve as the central processing units for robotics.

Compute and software platform providers also have a clear path to building moats with NVDA and QCOM at the forefront of developing processors that function as the ‘brain’ of the robot, allowing it to process sensor data, reason, plan, and execute actions quickly.

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

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