Why now: campaign-01: capital deployment window 2026-09-08

What was noticed?

Physical-AI moves to the bench because commercial machine vision does not yet establish scarce robot-component content and supplier economics.

Why might it matter?

The campaign verdict is WOUNDED, priority bench. The unresolved branch cannot be promoted from a price move or a historical model alone.

What evidence is real, and what is still only a pointer?

Receipt selector: CGNX-Q2-2026 in the campaign thesis review and its accompanying receipts.

Still required: Verified design wins, orders, defensible content and revenue conversion, including vertical integration and design-out risk.

Which existing research does it update or duplicate?

The registered physical-ai-robotics perspective. This question tracks the unresolved branch of the campaign review, not a duplicate completed finding.

What should be written if the evidence clears?

A sourced perspective update adjudicating this exact test: Named component supplier verifies relevant design wins, defensible content and profitable revenue conversion.

Reviewed September 6 using September 4 settled prices. September 7 is the U.S. Labor Day holiday; the decision window is September 8.