Guojin Securities: Data collection is the biggest bottleneck for physical AI, and data infrastructure is about to explode.

Guojin Securities released a research report stating that data is the biggest bottleneck area in the physical AI race represented by humanoid robots, and the explosion of data infrastructure will greatly benefit the supply chain. Data has become a key bottleneck restricting the development of physical AI, and accelerated construction of data infrastructure is expected to drive continuous expansion of the data collection industry chain. Regarding data collection equipment and supply chain: focus on high-ASP (average selling price), well-structured tracks such as cameras, IMUs, tactile sensors, etc; data collection companies with cost and quality barriers; specific vertical applications: focus on companies with data scene resources in segmented tracks.