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Leaderdrive Sees Profit Climb on Boom in Chinese Humanoid Robots

Robotics component supplier Leader Harmonious Drive Systems Co. saw stronger profits last year and in the first quarter as demand soars for Chinese humanoid robots.

A humanoid robot at the Robot Valley Exhibition Hall in Shenzhen, China, on Thursday, April 16, 2026. Investor enthusiasm for China’s humanoid robotics sector has extended into 2026, fueled early this year with a big presence at the CES tech showcase in Las Vegas and a starring role for two-legged droids at the Spring Festival Gala in China.
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ASMPT Soars to Record as Sales Forecast Beat on AI Demand

Chip gear maker ASMPT Ltd. shares jumped as much as 8.7% to a record as its second-quarter revenue beat expectations, driven by strong growth from its semiconductor business critical for AI.

Data cables plugged into server racks on the Supermicro pavilion at MWC Barcelona 2026 in Barcelona, Spain, on Tuesday, March 3, 2026. This year's edition of MWC is heavily geared toward AI and establishing best practices to leverage it to drive sales and wider adoption. Photographer: Angel Garcia/Bloomberg
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Xpeng Shares Decline as Revenue Forecast Misses Estimates

Xpeng Inc. shares declined after the automaker’s first-quarter revenue forecast fell short of estimates as a slump in Chinese vehicle demand hurt deliveries at the start of the year.

An Xpeng Inc. P7+ electric vehicle displayed at the International Automotive and Supply Chain Expo in Hong Kong, China, on Thursday, June 12, 2025. The expo runs through June 15.
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