智通财经APP获悉，招商证券国际发布研报称，预计中国人形机器人将于2026年AI大模型泛化能力提升、硬件技术成熟度提高、成本下行、场景应用加速，及第四季订单再加速。
机器人整机推荐优必选(09880)、越疆(02432)、极智嘉-W(02590);跨界产业链协同公司推荐特斯拉(TSLA.US)、小鹏汽车-W(09868);同时建议关注生态类公司如小米集团-W(01810)、美的集团(00300);供应链则看好技术为收敛方向，港股看好敏实集团(00425);由智能驾驶向机器人拓展方向看好禾赛-W(02525)、地平线机器人-W(09660)。
该行表示，中国人形机器人行业呈小步快跑，全链爆发。尤其海外龙头年底大规模量产的趋势。另有催化剂如特斯拉V3发布、宇树科技上市，及今年港股将有大量机器人公司新上市。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.