The biggest opportunity for NVIDIA after AI! Jensen Huang strongly supports robotics technology, NVIDIA stock price hits a historical high

NVIDIA CEO Jensen Huang believes that after artificial intelligence (AI), robotics technology is another major market with growth potential for NVIDIA.

At NVIDIA's annual shareholder meeting held on June 25th, Eastern Time, Huang responded to a question from an attendee:

"Our company has many growth opportunities, among which AI and robotics technology are the two largest, representing trillions of dollars in growth opportunities."

Huang stated that autonomous vehicles will be the first major commercial application area for robotics technology.

In addition, some commentators pointed out that at this shareholder meeting, Huang reassured investors that demand in the AI field remains strong. Huang reiterated his view that the large-scale upgrade of AI infrastructure in the computer industry has only just begun.

On the day of Huang's speech, NVIDIA's stock price opened high and continued to rise, hitting a daily high with an intraday increase of 4.4%, closing up 4.3%, setting a new closing record since January 6 of this year, and has cumulatively risen about 63% from the low in April. Due to the further rise in stock price on Wednesday, NVIDIA's market value reached approximately $3.77 trillion, surpassing Microsoft's market value of $3.66 trillion, reclaiming the title of the world's highest market value stock.

In the most recent quarterly report released at the end of May, NVIDIA disclosed that for the first quarter of fiscal year 2026 ending April 27 of this year, the automotive and robotics business recorded revenue of $567 million, accounting for less than 1.3% of the company's total revenue. The growth rate of the automotive and robotics business for the quarter exceeded 70%, reaching 72%, significantly accelerating from the previous quarter's 27%, although it was below analysts' expectations of $579.4 million.

In the first quarter, NVIDIA's top business, data center, generated $39.1 billion, accounting for about 88.7% of total revenue. Over the past three years, NVIDIA's data center chips have directly benefited from the AI application boom sparked by ChatGPT, with revenue in this business soaring from about $27 billion in fiscal year 2023 to $130.5 billion last year, an increase of over 3.8 times. According to LSEG data, analysts expect sales this year to approach $200 billion.

Compared to the data center, NVIDIA's automotive and robotics business is currently still quite small. However, this Wednesday, Huang stated that future applications will require both NVIDIA data center AI chip training software and other chips installed in autonomous vehicles and robots.

Huang emphasized NVIDIA's Drive chip platform and the autonomous vehicle software being used by Mercedes-Benz. He also mentioned that NVIDIA recently released a humanoid robot AI model called Cosmos. Huang said:

"We are working towards a goal: billions of robots, millions of autonomous vehicles, and hundreds of thousands of robotic factories will all be powered by NVIDIA technology."Jensen Huang stated that NVIDIA's brand is continuously evolving, "We haven't considered ourselves a chip company for a long time," a more accurate description would be "AI infrastructure" or "computing platform" provider