Hyundai Motor shares rally on humanoid robot prowess in era of physical AI

Hyundai Motor's shares have entered a sharp rally this year as investors grow increasingly confident in the carmaker’s robotics vision for the era of physical artificial intelligence (AI), market watchers and analysts said Tuesday. The surge marks a notable turnaround for the carmaker, whose shares had remained largely range-bound for several years despite steady earnings growth. Its stock price hit a record high of 496,000 won ($335) per share on Tuesday, before closing at a slight fall of 0.21 percent from the previous session. Hyundai Motor's market capitalization also reached the symbolic 100 trillion won mark on Tuesday morning. The rally is widely attributed to growing optimism over the company’s robotics business, with Boston Dynamics — Hyundai Motor’s robotics subsidiary — playing a central role in boosting investor confidence, according to industry officials and analysts. At this year’s CES tech fair earlier this month, Boston Dynamics unveiled Atlas, its humanoid robot, and promoted its commercial value by demonstrating how it can be used at manufacturing sites. RidiWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times