Recent advancements in AI chip technology are being demonstrated through a collaborative initiative between Otto Group and Sereact. The partners are deploying up to 25 NVIDIA-powered AI-controlled robots in a logistics center to automate the labor-intensive task of handling returned items. Utilizing Sereact’s Cortex Physical AI, the robots are capable of processing items without prior specific training, thanks to simulation and testing enhancements provided by NVIDIA's systems. By implementing a two-phase deployment, Otto Group aims to evaluate the system’s feasibility for large-scale use, highlighting a significant step in automating complex processes in retail logistics.

• NVIDIA (NasdaqGS:NVDA) last closed at $217.94 up 0.9%.

In other market news, Kioxia Holdings (TSE:285A) was trading firmly up 14.5% and ending the day at ¥14,430. In the meantime, Xi'an ESWIN Material Technology (SHSE:688783) softened, down 17.4% to end trading at CN¥15.81, hovering around its 52-week low.

NVIDIA's pivot to full-stack AI platforms could significantly boost revenue potential amid AI demand. Click here to explore NVIDIA's evolving market opportunities and strategic positioning.

For more on AI Chips, read our Market Insights article, where we analyzed whether recent impressive earnings are truly sustainable.

Best AI Chip Stocks

• Advanced Micro Devices (NasdaqGS:AMD) settled at $560.26 up 5.5%. On Tuesday, AMD announced a deepened strategic partnership with Meta, focusing on deploying AMD's processors and GPUs across Meta's AI infrastructure.
• Broadcom (NasdaqGS:AVGO) ended the day at $342.33 up 4%. Two days ago, the company shipped early vulnerability fixes for TrueSource Spring Enterprise to key clients, with public updates to follow.
• Micron Technology (NasdaqGS:MU) settled at $928.76 up 2.8%. Micron's ex-dividend date for its cash dividend of $0.15 is Friday, October 30, 2026.

Turning Ideas Into Actions

• Click through to start exploring the rest of the 100 AI Chip Stocks including STMicroelectronics, Tower Semiconductor and Realtek Semiconductor now.
• Curious About Other Options? Uncover 21 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs.

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
• "Otto Group and Sereact Bring NVIDIA-Powered Physical AI to Returns Processing" from Sereact on GlobeNewswire (published 28 October 2026)

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