According to CNBC, Morgan Stanley has cooled on humanoid robots even as it keeps its forecast for Chinese humanoid shipments at 50,000 units by the end of 2026. The bank said in a Tuesday note that the sector faces several headwinds, including public perception, shifting investor expectations and a Trump administration ban on Chinese imports of new humanoid and quadruped robots, which it said pose "unacceptable risks" to U.S. national security. Morgan Stanley said the ban could lift research and development costs because low-cost China-made humanoids are used for model research in the United States. The bank had previously raised its 2026 shipment forecast for China twice, from an initial 14,000 units in January to 28,000 units, and then to 50,000 units.