March 5, 2026 10:13 PM GMT Rowdy Robot | North America Picks & Shovels Robot Expressions: Semis To build any form of AI in the physical world, you need lots of semis. Beyond GPUs, robots drive content across inference, sensing, analog, power and embedded control, creating a large, potentially underappreciated opportunity. We estimate the semi market for robotics could expand ~800x through 2050 M Update Adam.Jonas@morganstanley.com +1 212 761-1726 William Tackett, CFA Research Associate William.Tackett@morga ...