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22.05.2025 10:22:00
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Should You Buy Serve Robotics Stock After Its 55% Crash? This Recent Move by Nvidia Might Hold the Answer.
Nvidia supplies the world's most advanced artificial intelligence (AI) chips for data centers, but it also has a growing portfolio of other AI solutions. For example, Serve Robotics (NASDAQ: SERV) uses Nvidia's Jetson Orin hardware and software platform in its flagship Gen3 robots, giving them the capability to autonomously deliver food orders on behalf of platforms like Uber Technologies' Uber Eats.Nvidia used to be one of the largest shareholders in Serve Robotics until it sold its entire stake during the final quarter of 2024. It's not clear why Nvidia exited the position, but Serve stock is down by almost 30% in 2025, and by 55% from its all-time high. It seems the chip giant has excellent timing.But Serve is on track to deploy 2,000 Gen3 robots this year under a major deal with Uber Eats, and Wall Street thinks it will lead to significant revenue growth. Should investors buy Serve stock while it's down, or should they sit on the sidelines with Nvidia?Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Nachrichten zu NVIDIA Corp.
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