One familiar name has been missing from the artificial intelligence boom…Apple.
Ian King and Alexander Green say it's because Apple has been quietly working behind the scenes to dominate a brand new multi-trillion-dollar market and one “secret robot partner stock” holds the key to making it happen.
The Teaser
Forgotten, overlooked, doubted, for a once beloved tech darling, this could be Apple's final act.
This development is so significant, it necessitated an urgent phone call between two of the investment newsletter avengers, Ian King and Alexander Green.
We have reviewed the work of both in the past, including Ian's Convergence X Stock Picks and Alex's Project Orion Stock, among others.
10 years.
This is how long it's been since Apple released it's last product, wireless AirPods, that made even a small impact on its top line.
It's been even longer, 19 years, since the first version of the ubiquitous iPhone was released, which remains Apple's biggest product by far, making up about half of annual revenue today.
Although revenue and earnings climbed in fiscal year 2025, largely on account of iPhone upgrades to be able to utilize on-device AI features, internally Apple has been quietly assembling hundreds of engineers and investing billions of dollars into a brand new product that could overtake the iPhone and generate as much as $2.5 trillion per year.
Code Name: Armor
It's not a new phone, AI software or another wearable product like the ill-fated Vision Pro.
Instead, in Alexander Green's words:
It will corner a new market and change the way humans interact with technology forever
It's a bold call.
After some over-the-top glazing of Alex for his past multi-bagger picks, the guys are in agreement that Apple's “Project Armor” could be its biggest product ever.
Armor is Apple Machine Learning's robotic architecture called Egocentric Perception for Humanoid Robot Collision Avoidance and Motion Planning and one “secret robot partner stock” is helping bring it to life.
The Pitch
It's name and ticker symbol are only revealed inside a new report called Apple’s Secret Robot Partner” – Your Gateway to Apple’s “Final Act”.
Unfortunately, it's behind a paywall and the only way to get it is with a subscription to Alex's Oxford Microcap Trader newsletter.
A one year subscription costs $1,995 upfront and comes with 20-25 new recommendations per year as well as a 90-day money-back guarantee.
The Reality Gap
For the past two decades, a single engineering problem has kept robots in the warehouse and out of our hands.
It's known as the simulation to reality gap, which is the discrepancy between how a bot behaves in a simulated versus a real environment.
Modern robots can fairly easily be pre-programmed to perform a specific task, such as assembling a car part, but having them operate independently and intelligently in unpredictable environments, like a household, has proven to be the “Mount Everest” of robotics, until now.
Artificial intelligence has made it possible for robots to act on what they see and hear in real-time, in effect, conquering Mount Everest for the first time.
This is where Apple and Armor come in.
Apple engineers have developed an advanced robotic perception system that distinguishes itself from other robot makers by installing small depth sensors on robot arms. This solves blind spot problems and has been proven to reduce collisions by 64% compared to head-mounted and externally mounted depth cameras.
Armor also benefits from an integrated software and hardware design. Taking advantage of Apple's deep in-house hardware engineering department and design philosophy to create a user-friendly “home command center”, that makes controlling a humanoid robot as easy as opening an app on an iPhone and hitting a few buttons.
Now, I've oversimplified things quite a bit, as there are literally many moving parts to Apple's humanoid robot and it isn't building it all alone.
Every robot needs to see and is embedded with something called a vision processing chip that makes this possible.
Apple's “secret robot partner” makes these chips and it's about to experience an explosion in new orders.
Revealing Alexander Green's “Apple's Secret Robot Partner” Stock
It's Apple's most ambitious project ever and one tiny chip-supplier is at the center of it.
This is what we know:
- The company making Apple's “final act” possible has 398 patents to its name.
- It's tiny vision chips consume only 20 watts of power, far less than others and comparable to a lightbulb.
- It is presently valued at under $3 billion.
The pick isn't immediately obvious and it's a bit surprising. It's Ambarella Inc. (Nasdaq: AMBA).
- The fabless semiconductor company specializing in low-power AI vision processors has applied for 398 patents globally, with 333 having been granted to date.
- It's N1-655 chip consumes only 20 watts, significantly less than traditional cloud processors.
- Ambarella's market cap sits at just under $3 billion.
The Small Company Solving Robotics’ Biggest Problem
We were also treated to a few clues about a second key supplier to Apple’s robot…
- It was founded by the engineer who designed Intel’s first microprocessor in 1986.
- Holds more than 2,500 patents protecting it's technology.
- The company's fingertip tactile chips solve robotics’ hardest unsolved problem – the ability to feel.
This is Synaptics Inc. (Nasdaq: SYNA).
- Synaptics was founded in 1986 by Federico Faggin, who led the design of Intel’s first microprocessor, the Intel 4004.
- It owns a portfolio of more than 2,000 patents, primarily related to human-machine interface (HMI) technologies such as touch sensing, gesture recognition, and others.
Finally, before the one hour and thirteen minute long teaser disguised as a conversation ends, we get a free recommendation as well.
It's the third-party, contracted manufacturer of Apple's robot, which is BYD Electronic Co. Ltd. (OTC: BYDIF).
10x Returns?
Besides under-the-radar supplier stocks, Alex also had a potential catalyst for his picks.
It was Apple's annual Worldwide Developers Conference (WWDC), which took place on June 8th.
This came and went without any mention of robotics, just a Tim Cook farewell address and a Siri AI relaunch.
Not surprising, as some who are in the know project 2028 as the most optimistic timeline for the start of mass production on a humanoid version of Siri.
That's still a ways out, so would we be getting a bargain by buying into supplier stocks now?
Ambarella: Unprofitable due to high operating costs and generous stock-based compensation. But with $277 million in cash and only $13 million in debt, it has a long runway to get into the black.
Synaptics: Same scenario as Ambarella, except high R&D costs are driving unprofitablility and nearly $900 million in debt means a far shorter runway. Nothing is expected to change until 2027 at the earliest.
BYD Electronic: Low margin, but profitable, with 2.5x more cash than debt, and a low absolute P/E of 14x.
Ironically, Alex's free pick looks like the most likely to 10x based on its diversified business segments, corporate parent backstop (BYD Co.), and mid-cap size.
Quick Recap & Conclusion
- Ian King and Alexander Green reveal that Apple has been quietly working behind the scenes to dominate a brand new multi-trillion-dollar market and one “secret robot partner stock” holds the key to making it happen.
- The market is robotics, which is estimated to be worth $5 trillion by 2050, and Apple, along with its suppliers, have developed an advanced robotic perception system that sets it apart from the field.
- The name of Apple's “secret robot partner stock” is only revealed inside a new report called Apple’s Secret Robot Partner” – Your Gateway to Apple’s “Final Act”. To get it we need a subscription to Alex's Oxford Microcap Trader newsletter, which costs $1,995 upfront for the first year.
- Alex provides a free recommendation, BYD Electronic Co. Ltd. (OTC: BYDIF) and we were able to reveal his “secret robot partner stock” for free! It's Ambarella Inc. (Nasdaq: AMBA), along with a second key supplier stock, Synaptics Inc. (Nasdaq: SYNA).
- BYD Electronic is the standout pick, with its mid-cap size and positioning, it is a solid multi-bagger prospect.
Will Apple dominate the humanoid robot market like it does other industries? Tell us what you think in the comments.