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Key News Facts
Serve Robotics (NASDAQ: SERV) reported a significant operational growth in Q1 2025, with over 250 new third-generation robots built, leading to a 150% sequential increase in revenue, reaching $440,000. The company now services over 320,000 households, a 110% increase since December 2024, and has partnered with over 1,500 businesses, marking a 50% quarter-over-quarter growth.
Nvidia (NASDAQ: NVDA), with a market capitalization over $4 trillion, reported Q1 fiscal 2026 revenue of $44.1 billion, a 69% year-over-year increase, driven largely by its data center segment. The company recently launched the Jetson Thor developer kits, enhancing its position as a critical computing power provider in the robotics sector.
Forecasts indicate Serve Robotics could achieve an annualized revenue run-rate of $60 million to $80 million once its 2,000-robot fleet is fully deployed by 2026. Nvidia aims for $45 billion in revenue for Q2 fiscal 2026, emphasizing that the shift towards AI infrastructure is driving growth in the robotics industry.
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