Cognex has shifted its value from hardware to software through AI, which should support a healthier margin profile, a view Bernstein and other Wall Street firms voiced after Automate 2026. Its AI products already bring real orders: OneVision and new In-Sight 3900/6900 AI vision products sell edge analytics and subscriptions with stickier revenue. Warehouse automation and AMR demand is reaccelerating in 2026. OneVision subscription growth in the July 29 Q2 report is the key re-rating test. x.com 

Cognex is the vision layer powering automation and robotics, with strong fundamentals and strong technicals. It posted back-to-back power earnings gaps on 30% EPS beats in the last two quarters, gross margins have improved to 67% and are stabilizing, and EPS is expected to grow from $0.86 over the last twelve months to $2.08 by 2028. On the charts it is building a weekly inverse head and shoulders, with flags on the daily. x.com 

Vishay Precision Group looks cheap relative to its growth while robotics is still in its infancy. The upside is huge against medium downside risk; size accordingly. x.com 

Robotics is the next leg of AI, and its component suppliers can benefit as the buildout scales. Elon Musk expects at least a billion robots in 10 years; Morgan Stanley sees a $5 trillion market by 2050. Tesla can build Optimus at million-unit scale. Ouster's LiDAR revenue rose 56% to $55M; Intuitive Surgical's procedures grew 16%; NXP is reportedly in talks to buy Ambarella for about $3.3B; Cognex posted a record $291M quarter, up 17%; AMETEK supplies motors, actuators and sensors. x.com  x.com  … Show more

TE Connectivity's mix is shifting toward AI and robotics, which makes its valuation look reasonable. AI-related revenue tripled to over $900M and Industrial Solutions grew 23.7% on automation and robotics demand, while FY2025 revenue rose 8.9% to $17.26B. It sells sensors and interconnects for humanoid robots and cobots, and $3.21B of adjusted free cash flow funds buybacks and the dividend. At 20.5x trailing earnings, a blended model puts fair value near $241, about 20% upside. x.com 

CCXI should appreciate to unreasonable valuations because it is the only Western pure play on humanoid robots, through Agility Robotics. Despite the backlash, it still has meaningful blue-chip backing, and early, controversial platforms like this often command high multiples before production ramps, as photonics names did. It is early in the robotics cycle, and the aim is a double or more. x.com  x.com 

Amazon looks increasingly attractive at about 16x operating cash flow, well below its 10-year median of about 22x. x.com 

Ambarella ran too hard, its multiple expanding to price in a 3–5 year narrative, while next-twelve-month growth decelerates to 10–15%. Its SoCs pair with DRAM and NAND, so spiking memory costs pressure customers' builds and feed back as an indirect demand headwind. New revenue, such as a potential 10-year $800M LTA and $100M of lifetime robotics revenue, is long-dated and not yet secured. Physical-AI stocks will be hammered hardest in any correction, though the setup is interesting longer term. … Show more

Harmonic Drive Systems could lose its leading actuator position, since a rapidly growing market may need simpler products to scale, and its valuation is extremely high. x.com 

Robotics component suppliers get paid on every robot no matter which maker wins, as capital floods into the sector. Robotics VC hit a record of over $16 billion in a quarter, and Goldman sees the humanoid market growing from under $2 billion to $38 billion by 2035, with the inflection around 2027-28. Nvidia supplies the compute and training platforms, Ambarella edge AI chips, Ouster lidar, Vishay Precision force sensors, and memory makers the memory every robot needs. x.com  x.com