Doosan Robotics experienced a significant surge of over 25% in its stock price, reaching an all-time high, driven by optimism surrounding the growth of the physical AI industry.
According to the Korea Exchange, as of 10:26 a.m. on May 15, Doosan Robotics shares rose by 27,400 won (25.66%) to 134,200 won. At one point during the trading session, the stock peaked at 138,800 won, setting a new record.
At the same time, Rainbow Robotics saw a 3.57% increase, while iRobotics surged by 29.66%. Other robotics stocks also showed strong performance, including Haesung Aerobotics (6.71%), Cosmo Robotics (11.76%), Yuil Robotics (7.65%), and CSM Robotics (5.49%).
Market analysts suggest that foreign investment is increasingly flowing into domestic robotics stocks, raising expectations for the next leading stocks. From May 4 to 14, foreign investors purchased a net 261 billion won worth of Doosan Robotics shares and 228 billion won of Rainbow Robotics, making them the top two net buyers.
The recent positive sentiment surrounding physical AI investments has spread from Hyundai Motor Group affiliates to the broader robotics sector. Notable events, such as Hyundai's participation in the JP Morgan conference with Boston Dynamics, news of collaboration between Fanuc and Google on physical AI, and advancements in humanoid development by U.S. AI robotics firm Figure AI, have fueled optimism in the global robotics industry.
Kim Seon-bong, a researcher at KB Securities, stated, "Doosan Robotics is a specialist in collaborative robots, and its expansion in North America and collaboration with NVIDIA are expected to gain momentum. The company plans to develop intelligent solutions by 2027 and unveil industrial humanoids by 2028."
In the first quarter of this year, Doosan Robotics reported consolidated revenues of 15.3 billion won and an operating loss of 12.1 billion won. Analysts attribute revenue growth to the acquisition of ONExia and the expansion of European clients. The company acquired an 89.6% stake in the U.S. automation solutions firm ONExia for 37.4 billion won last year to enhance its North American network and turnkey delivery capabilities.
Additionally, Doosan Robotics unveiled its collaboration roadmap with NVIDIA in April. The plan aims to enhance its AI robot operating system based on NVIDIA's simulation and learning infrastructure to develop intelligent robotic solutions for industrial applications.
* This article has been translated by AI.
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