Chipmaker Nvidia (NVDA) is reportedly partnering with industrial firm Kawasaki Heavy Industries (KWHIF) to develop robotics systems that combine physical AI with real-world machines, according to Nikkei. The two companies will also open a joint development center in San Jose, California, on Thursday. The first areas of focus will be medical and mobility robots, including robot assistants for doctors and nurses, as well as Kawasaki’s Corleo, a four-legged personal mobility robot that is still under development.
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200% short exposure to NVDA with NVDSThe medical support robots move on wheels and use robotic arms to carry specimens and perform other tasks, but Nvidia’s AI technology is expected to help them take on more advanced work. For Corleo, Kawasaki plans to use Nvidia’s simulation technology, while AI will support control systems and environmental recognition. The goal is to make these robots smarter, more aware of their surroundings, and more useful in real-world settings rather than just controlled environments.
In addition, the new California center will house industrial robots and be used for demonstrations and development with U.S. companies. Kawasaki also plans to hire local AI engineers and other staff, with the goal of growing the team to dozens of people within a few years. Kawasaki will also work with Analog Devices (ADI), Microsoft (MSFT), and Fujitsu at the center.
What Is a Good Price for NVDA?
Turning to Wall Street, analysts have a Strong Buy consensus rating on Nvidia stock based on 40 Buys, one Hold, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average Nvidia price target of $299.97 per share implies 37% upside potential.
