Robotics Stocks Surge as Humanoid Advancements Multiply; Barclays Foresees Market Boom

Stock News05-21

Robotics concept stocks mostly advanced. At the time of writing, ESTUN (02715) rose 11.96% to HK$16.1; JOHNSON ELEC H (00179) gained 8.35% to HK$27.76; DOBOT (02432) increased 7.07% to HK$33.92; ZHAOWEI (02692) was up 6.63% at HK$78.08; and UBTECH ROBOTICS (09880) climbed 4.63% to HK$115.2.

The sector's strength follows a series of positive catalysts in humanoid robotics. Humanoid robot company Figure recently conducted a 7x24-hour live stream to document its F.03 robot performing small parcel sorting tasks. The company stated the F.03 robot operated without a single failure over the past week. Additionally, Tesla CEO Elon Musk previously confirmed that the Optimus robot will begin production in Fremont in late July or August.

In its latest thematic report on humanoid robots, Barclays noted that artificial intelligence (AI) is transitioning from "digital intelligence" to "physical AI," with humanoid robots poised to be a primary vehicle for this technological revolution. The bank highlighted that with simultaneous breakthroughs in the three core capabilities of "Brains, Brawn, and Batteries," the humanoid robot market has the potential to grow into a new industry worth up to $200 billion by 2035, further supporting a physical AI ecosystem valued at $1 trillion.

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