#Gate广场五月交易分享 🤖 Humanoid Robots

Core Logic: Capital is seeking the next physical-world landing platform for AI, and humanoid robots have become an important option.

Event Catalyst: Tesla’s Optimus robot plan is scheduled to begin mass production in the second to third quarters of 2026; on May 14, the Beijing International Robot Exhibition will be held, which is expected to bring new industry catalysts.

Focus Areas: Focus on core components with high technical barriers and large value, such as precision reducers, actuators, sensors, and more.

🛰️ Semiconductor Equipment and Materials

Core Logic: As a core track of “technological self-reliance and controllability,” the logic behind domestic substitution is solid, and the industry order certainty is relatively strong.

Event Catalyst: The review and approval of SMIC’s merger and restructuring is about to land, which may boost confidence across the entire industry chain.

Focus Areas: Equipment suppliers for key “bottleneck” processes such as thin-film deposition and etching machines, as well as material suppliers such as photoresists and silicon wafers.

🚀 Commercial Aerospace and Satellite Internet

Core Logic: This is an incremental track that has not yet been sufficiently hyped, and it has both the dual logic of event catalysts and domestic substitution.

Event Catalyst: May is a dense period for space launches, and in the second half of the year, Huawei’s industry chain in the satellite communications direction is expected to release major products.

Focus Areas: Satellite internet, the rocket industry chain, and others.

❄️ Liquid-cooled Servers

Core Logic: The surge in AI computing power demand has pushed chip power consumption beyond its limits (e.g., NVIDIA’s next-generation chips are expected to reach 3600W), and traditional air cooling can no longer meet the requirements—liquid cooling has become a must for high-density computing deployments.

Policy-Driven: The national “dual carbon” targets require new data centers to reduce PUE to below 1.25, and liquid cooling technology is the key path to achieving energy savings.

Focus Areas: Companies that have already realized the industrialization of liquid cooling, and that have entered the supply chain of top-tier customers such as NVIDIA or overseas cloud providers.

📈 Other Directions Worth Watching

Memory Chips: The industry’s cycle reversal trend is clear, and the pricing logic of rising prices is gradually being realized.

AI Applications: As domestic AI large-model commercialization accelerates (e.g., ByteDance’s Doubao begins paid testing), the commercial capability at the application layer is being validated; however, the market generally believes these gains are more like follow-on upside, and their sustainability may be weaker than that of core hardware.$ABTON $MSFTON