General Motors

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $IBM(IBM.US) IBM to Acquire HRL Laboratories to Expand Quantum Computing Capabilities

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗜𝗕𝗠 signs a definitive agreement to acquire 𝗛𝗥𝗟 𝗟𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝗶𝗲𝘀.

➤ Financial terms of the acquisition were 𝘂𝗻𝗱𝗶𝘀𝗰𝗹𝗼𝘀𝗲𝗱.

➤ Transaction is expected to close by the end of 𝗤𝟯 𝟮𝟬𝟮𝟲.

➤ 𝗛𝗥𝗟 specializes in silicon-spin qubits, quantum sensing, and advanced materials.

➤ HRL's 𝘀𝗶𝗹𝗶𝗰𝗼𝗻-𝘀𝗽𝗶𝗻 𝗾𝘂𝗯𝗶𝘁 expertise will complement IBM's quantum roadmap.

➤ 𝗕𝗼𝗲𝗶𝗻𝗴 and 𝗚𝗠 will continue partnering with IBM after the transaction.

➤ IBM plans to expand 𝗾𝘂𝗮𝗻𝘁𝘂𝗺 𝘀𝗲𝗻𝘀𝗶𝗻𝗴 applications across multiple industries.

➤ IBM targets 𝗤𝘂𝗮𝗻𝘁𝘂𝗺 𝗦𝘁𝗮𝗿𝗹𝗶𝗻𝗴 launch in 𝟮𝟬𝟮𝟵 and 𝗕𝗹𝘂𝗲 𝗝𝗮𝘆 in the mid-𝟮𝟬𝟯𝟬𝘀.

➤ Acquisition could support 𝗔𝗻𝗱𝗲𝗿𝗼𝗻 quantum wafer foundry development.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗝𝗮𝘆 𝗚𝗮𝗺𝗯𝗲𝘁𝘁𝗮, Director of Research and IBM Fellow:

"bring a broad portfolio of technologies that will strengthen IBM's long-term plans to deliver useful quantum computing to the world, bringing together advances across quantum computing, quantum sensing, and quantum networking."

𝗥𝗼𝗯 𝗩𝗮𝘀𝗾𝘂𝗲𝘇, President and CEO of HRL:

"the natural next chapter" for the organization, adding that HRL's innovations would combine with IBM's research capabilities to serve commercial and government customers.

Came across an interesting report from SVRC Research called "State of Robotics 2026", published in April.

Which listed:

1. Figure AI

2. Agility Robotics $Churchill Capital XI(CCXI.US)

3. Apptronik

4. $Tesla(TSLA.US)

5. Boston Dynamics

6. Physical Intelligence

7. 1X Technologies

8. $Amazon(AMZN.US) Robotics

9. Covariant

10. Skild AI

As the National Champions of the United States robotics program.

"The United States leads the world in where robotics is heading: Fundation models, OpenAI-style scaling laws applied to action, autonomous vehicles.

While losing the race on where robotics is shipping today."

Then it frames:

1. Rare Earths Exposure: from Neodymium for motors to samarium-cobalt for high-temp applications as a critical vulnerability.

2. Actuator dependency. Series elastic actuators, quasi-direct-drive motors, and precision reducers overwhelmingly sourced from Japan, Germany, and China

As one of the main vulnerabilities alongside Manufacturing velocity/data collection cost/regulations. Then their take was:

"With at least six well-funded US humanoid companies competing for a market still in early formation, we expect at least two significant consolidation events (acquisition or merger) in 2027".

With Logistics / E-commerce (like $Amazon(AMZN.US) / $FedEx(FDX.US)) and Automotive from $General Motors(GM.US) to $Forward Industries(FORD.US) as being the immediate top use cases for deployment.

I think it's just interesting to see a lot of my points I've been talking about reiterated by research firms. Regardless, I do think it's going to be a major frontier race between the US and China.

Agility Robotics (which I own), Tesla, Figure, and Apptronik as leaders representing the USA. Competing against Unitree, AGIbot, Ubtech, and others in China.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Micron, GM Sign Long-Term Automotive Memory Supply Agreement - $Micron Tech(MU.US) $General Motors(GM.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐌𝐢𝐜𝐫𝐨𝐧 and 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐌𝐨𝐭𝐨𝐫𝐬 signed a 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 agreement.

➤ GM secured long-term supply of 𝐋𝐏𝐃𝐑𝐀𝐌, 𝐍𝐎𝐑, and 𝐔𝐅𝐒 𝐍𝐀𝐍𝐃 memory products.

➤ Companies will jointly develop 𝐧𝐞𝐱𝐭-𝐠𝐞𝐧 memory and storage solutions for future vehicles.

➤ Collaboration includes product definition, 𝐬𝐲𝐬𝐭𝐞𝐦 𝐨𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧, and technology qualification.

➤ Agreement is supported by Micron's 𝐔.𝐒. $𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 investment in its Virginia facility.

➤ The Manassas plant began 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 earlier this year for automotive-grade memory.

➤ Facility is designed to support the auto industry's 𝐥𝐨𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐥𝐢𝐟𝐞𝐜𝐲𝐜𝐥𝐞𝐬.

➤ Agreement strengthens supply chain resilience for GM's 𝐧𝐞𝐱𝐭-𝐠𝐞𝐧 vehicle platforms.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Long-term supply agreements reduce risks from 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 semiconductor shortages.

➤ Expands Micron's presence in the growing 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 memory market.

➤ Supports GM's development of more 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞-𝐝𝐞𝐟𝐢𝐧𝐞𝐝 and connected vehicles.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Delivering next-generation vehicles at scale requires a resilient and closely aligned supply chain. Our expanded collaboration with Micron strengthens our access to critical memory technologies while enabling deeper integration across our vehicle platforms, supporting both performance and long-term reliability." — 𝐌𝐚𝐫𝐲 𝐁𝐚𝐫𝐫𝐚, Chair and CEO of General Motors.

➤ "This agreement is designed to deliver long-term supply assurance and technology innovation, and our U.S. manufacturing investments are intended to support both near-term products and next-generation platforms." — 𝐒𝐚𝐧𝐣𝐚𝐲 𝐌𝐞𝐡𝐫𝐨𝐭𝐫𝐚, Chairman, President and CEO of Micron.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $General Motors(GM.US) GM to Develop Battery Tech for NASA’s 𝐏𝐞𝐠𝐚𝐬𝐮𝐬 Lunar Rover

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ GM to develop 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 technology for NASA’s Pegasus lunar rover.

➤ Rover selected under NASA’s 𝐋𝐮𝐧𝐚𝐫 𝐓𝐞𝐫𝐫𝐚𝐢𝐧 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 contract.

➤ Pegasus scheduled to support crewed 𝐀𝐫𝐭𝐞𝐦𝐢𝐬 missions in 𝟐𝟎𝟐𝟖.

➤ Vehicle designed for harsh 𝐌𝐨𝐨𝐧 𝐒𝐨𝐮𝐭𝐡 𝐏𝐨𝐥𝐞 conditions.

➤ GM batteries engineered to withstand 𝐞𝐱𝐭𝐫𝐞𝐦𝐞 𝐥𝐮𝐧𝐚𝐫 temperatures.

➤ GM previously contributed systems for NASA’s 𝐀𝐩𝐨𝐥𝐥𝐨 lunar rover.

➤ Pegasus developed alongside 𝐋𝐮𝐧𝐚𝐫 𝐎𝐮𝐭𝐩𝐨𝐬𝐭, Goodyear, and Leidos

Micron QNov25

- Revenue (+21% q/q and +57% y/y to $13.6B at 56.8% GM; Guided $18.7B at 68% GM for QFeb

- FY26 CapEx: Increased to $20B (from $18B), driven by HBM and 1-gamma

- CY26 HBM supply fully contracted (price and volume)

- HBM4 on track for 2Q26 ramp

Source: Sravan Kundojjala