On August 24, chip giant NVIDIA's robotics account posted a teaser on social media platforms, asking "Have you scheduled your time? August 25, 2025." The accompanying image showed a black gift box with a greeting card bearing the message "Enjoy!" and signed by Jensen Huang. The contents of the gift box were already hinted at in a preview video released two days earlier. In the video, Huang wrote on the greeting card "To robots: Enjoy your new brain!" before the camera shifted to show a humanoid robot picking up and "reading" the card.

Notably, at the industry's top-tier SIGGRAPH conference on August 12, NVIDIA released the open-source physical AI application and robotic visual reasoning model Cosmos Reason. NVIDIA stated that this model enables robots to "reason like humans" based on existing knowledge and concepts, and take responsive actions in the real world after understanding.

Furthermore, Rev Lebaredian, Vice President of Omniverse and Simulation Technology, emphasized at the 2025 World Robot Conference that physical AI is expected to open up a market worth trillions of dollars.

Throughout this year, NVIDIA founder Jensen Huang has repeatedly stated publicly that "the next wave is physical AI." In his view, AI has undergone three major technological paradigm shifts. It began with Perception AI, then evolved to Generative AI, and is currently in the Agentic AI stage, with the Physical AI era - the age of robots - coming next.

According to NVIDIA's explanation, physical AI refers to models that use motor skills to understand and interact with the real world. These models are typically applied in autonomous machines such as robots or self-driving cars. With physical AI, autonomous machines can achieve perception and understanding of the real world, thereby executing complex operational tasks.

In fact, NVIDIA's layout in the robotics field began ten years ago. In 2014, NVIDIA launched its first robot brain module, Jetson TK1, marking a crucial first step on the path to robot intelligence. Over the past decade, through continuous hardware iteration, software upgrades, and ecosystem construction, NVIDIA has quietly built a complete robotics technology matrix.

NVIDIA has also established partnerships with multiple Chinese humanoid robot companies. In January this year, NVIDIA held a "Thank You Spring Welcome" dinner in Beijing, where it was learned from attendees that Unitree Technology CEO Wang Xingxing and Galaxy General founder and CTO Wang He participated in the dinner and sat at the same table as Jensen Huang. Unitree Technology and Galaxy General are "first-tier" players in China's embodied intelligence field.

At this year's August World Robot Conference, Wang Xingxing and Wang He also engaged in panel discussions with NVIDIA's Vice President of Omniverse and Simulation Technology, Rev Lebaredian.

Securities analysts believe that with the emergence of new forces like DeepSeek artificial intelligence company, general robot large models have received strong momentum, providing assistance for humanoid robots to achieve embodied intelligence. The humanoid robot industry chain has now entered an active development stage of "a hundred flowers blooming, a hundred schools of thought contending."

Currently, humanoid robots entering industrial scenarios has become a relatively certain application trend both domestically and internationally, with commercial implementation imminent. Relevant institutions suggest focusing on beneficial domestic component manufacturers, and continued attention should be paid to the catalytic effects of events related to the humanoid robot industry chain, such as achievement releases by domestic and international humanoid robot manufacturers.

Changjiang Securities pointed out that the humanoid robot industry may be moving toward a new stage of scaled implementation, focusing on investment opportunities in the robotics industry. At the current juncture, China's robotics industry is entering a rapid development stage. The 2025 World Humanoid Robot Games showcased China's cutting-edge achievements in humanoid robots in areas such as intelligent decision-making and motion coordination, with continuous improvements in performance and technology, potentially accelerating their commercial implementation process.

Related Concept Stocks:

UBTECH ROBOTICS (09880): On July 28, UBTECH ROBOTICS announced that its placement had been completed, with a total of 30.1554 million shares placed, raising total funds of HK$2.41 billion, of which over HK$1 billion will be used to pay suppliers and service providers. The total amount raised from this placement exceeded the sum of the previous four placements, becoming the largest humanoid robot listed company stock placement financing in capital market history, receiving enthusiastic pursuit from national sovereign funds, important industrial capital, long-term funds, and multi-strategy funds. Additionally, UBTECH ROBOTICS previously announced winning a bid for a robot equipment procurement project worth over RMB 90.51 million from Miyi (Shanghai) Automotive Technology Co., Ltd., which is currently the largest procurement order globally for humanoid robots.

HORIZONROBOT-W (09660): In mid-July, Dahua Capital published a research report predicting a compound annual growth rate of 57.5% in sales from 2025 to 2027, and expecting the company to achieve break-even by 2028. Dahua provided initial coverage of the stock with a "Buy" rating, based on an enterprise value-to-sales ratio of 10.1 times for 2027, with a target price of HK$7.45.

Gangzai Robot (00370): On August 20, Gangzai Robot partnered with Guangdong Tiantai Robot, Shandong Future Robot, and Shandong Future Data Technology to jointly sign the world's first order agreement for 10,000 embodied intelligent humanoid robots. This order set a record for the humanoid robot industry scale while enabling embodied intelligent humanoid robots to truly land and achieve commercial scale application, setting a market example for the industry. According to the agreement, at least 10,000 family care-oriented embodied humanoid robots are expected to be delivered by the end of 2026, with Gangzai Robot primarily responsible for robot R&D, production, delivery, and end-to-end integration of the robot's embodied intelligent cloud brain platform with the robot body. Meanwhile, all parties to the order will advance project implementation in phases, completing first-generation product prototype development in 2025 and achieving production of 50,000 units in 2026 with additional investment to expand production capacity.

RoboSense (02498): RoboSense showcased its new robotics vision category Active Camera platform at the 2025 World Robot Conference. Public data shows RoboSense is the world's number one LiDAR company by market share, currently providing core components and solutions to over 310 automotive OEMs and Tier 1 suppliers globally.

Tsugami China (01651): Tsugami China continues to enrich its production lines, optimizing existing model designs while actively expanding into emerging downstream fields such as humanoid robots, medical, and AIDC liquid cooling. The company's products can be used for planetary ball screw and robot dexterous hand processing, with corresponding equipment mainly including automatic lathes, turret lathes, thread rolling machines, and thread grinders. Northeast Securities previously pointed out that downstream industrial upgrades combined with equipment renewal policy drives are continuously accelerating the localization of high-end machine tools. Additionally, humanoid robot mass production is driving demand for core components, with machine tool equipment incremental space potentially reaching tens of billions.