
Robotics is the next step in the AI story. If AI is the brain, robotics are the body. As AI models become more capable and robotic hardware becomes more versatile and affordable, we’re entering the era of physical AI.
We believe this exposure is well positioned for 2026. Deglobalization is a key trend that supports accelerated robotics adoption. Automation helps bridge the labor gap, offsetting higher domestic wages with increased efficiency and productivity.