[Monopoly: The commercialization of humanoid robots is expected to be delayed by one year, and the move towards scale still needs to be gradual] On November 10, Morgan Stanley believed that although companies’ interest in using humanoid robots continues to rise, due to factors such as falling prices and limited product maturity, commercialization is expected to be delayed by about a year, and the industry’s move towards large-scale development will still be gradual. Morgan Stanley pointed out that this round of rebound in the humanoid robot sector is mainly driven by three major factors: first, the short-term deployment since the market sentiment was weak in mid-2026; second, breakthroughs in cutting-edge large language models (LLM) are expected to accelerate the development of embodied intelligence; third, Wang Xingxing, founder, chairman and technical director of Yushu Technology, released more optimistic remarks, predicting that the inflection point of intelligent technology will occur in advance from 2027 to 2028.