J P M O R G A N North America Equity Research 15 July 2026 SMid Cap Industrials Robotics Webinar Takeaways: Humanoids, AI and the Next Investment Inflection We hosted an update on the robotics and humanoid industry webinar (see the replay here) with Karen Li (Asia/China coverage) and Sonny Lee (Korea), reinforcing that robotics is shifting from pilots toward commercial deployment. Karen forecasts ~1.75M global humanoid unit shipments by 2030 (~150% CAGR, China-led), noting hardware advances quickly while AI ...