Latest News In AI Chips - Apptronik Teams With Google DeepMind For AI Robot Innovation

Apptronik has announced a strategic partnership with Google DeepMind that aims to advance the development of AI-powered humanoid robots. This collaboration combines Apptronik's expertise in human-centered robotics with DeepMind's leading capabilities in artificial intelligence, including sophisticated machine learning and physics simulation. The alliance seeks to create versatile and safe robots that can operate alongside humans in various environments, effectively addressing global challenges. This partnership is part of Apptronik's broader momentum in the AI and robotics industry, following previous partnerships with companies like GXO and Mercedes-Benz.

Elsewhere in the market, Semiconductor Manufacturing International (SEHK:981) was a standout up 8.2% and ending trading at HK$28.30. At the same time, Micron Technology (NasdaqGS:MU) softened, down 16.2% to finish the session at $87.09. On Wednesday, the company reported a significant year-over-year increase in first-quarter sales and net income.

Micron Technology is set to capitalize on AI-driven demand for DRAM, boosting revenue in high-performance markets. Discover the narrative that explores Micron's strategic positioning amidst industry challenges and opportunities.

Additionally, you might want to revisit our Market Insights article "The AI Capex Cycle Shows No Signs Of Slowing Down," where we explored the continued investment and growth dynamics in AI infrastructure, including the pivotal role of AI chips in driving advancements across this burgeoning sector.

Best AI Chip Stocks

• NVIDIA (NasdaqGS:NVDA) ended the day at $130.68 up 1.4%. This week, the company collaborated with Intel to launch the Verifiable Compute AI framework, enhancing AI security and compliance with new regulations.
• Advanced Micro Devices (NasdaqGS:AMD) closed at $118.88 down 2.1%, near its 52-week low.
• ASML Holding (ENXTAM:ASML) ended the day at €690.80 down 3.7%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Apptronik Partners with Google DeepMind Robotics to Accelerate Advancement on AI-powered Humanoid Robots" from Apptronik on GlobeNewswire (published 19 December 2024)

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