Previous Close | 0.0200 |
Open | 0.0200 |
Bid | 0.0100 |
Ask | 0.0300 |
Strike | 37.00 |
Expire Date | 2024-12-20 |
Day's Range | 0.0200 - 0.0200 |
Contract Range | N/A |
Volume | |
Open Interest | 8.92k |
Nvidia (NVDA) is expanding beyond data centers, partnering with Miso Robotics in its latest AI project. Miso Robotics CEO Rich Hull joins Asking for a Trend to discuss the partnership and its aim to revolutionize the restaurant industry. Hull emphasizes the company's focus on "strategic partnerships," highlighting Nvidia as a key collaborator "at the tip of the spear" in AI and technology. He notes that this partnership with Nvidia will give the company "unique and special access" to cutting-edge AI capabilities in restaurant automation. A prime example of this collaboration is the Flippy fry station, powered by Nvidia's Vision AI technology. This system automates the fry-cooking process for various foods, including french fries, chicken nuggets, onion rings, and tacos. "It takes over the heavy lifting on the fry station so you can take that labor and you can redeploy them somewhere else that brings far more impact in the restaurant," Hull explains. As far as the cost of the technology, Hull notes that it will be the same price as hiring a human to do the labor, so there is no "downside" for companies. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith
Bank of America (BAC) analysts have raised their price target on Nvidia (NVDA), emphasizing continued confidence in the semiconductor giant's AI growth potential. The firm has increased its target from $165 to $190 per share, with analyst Vivek Arya citing Nvidia's position at the forefront of the "generational opportunity" that lies ahead. This upward revision comes as Nvidia prepares to release its third quarter earnings results on November 19, 2024. Watch Bank of America's Vivek Arya — the analyst behind the call — talk more about this with Yahoo Finance executive editor Brian Sozzi on this morning's Opening Bid. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith