Teradyne (TER) Tapped by Amazon as Warehouse Robot Supplier
A technician in a factory setting next to an industrial automation machine.
Vulcan is designed to handle tasks such as picking and stowing, integrating advanced touch sensitivity to perform delicate, repetitive movements with higher precision. Though Amazon has not officially confirmed its supplier, the robotic arms match Universal Robots' design, and are reportedly outfitted with grippers from Robotiq, another firm known for seamless compatibility with Teradyne's automation products.
Hunterbrook estimates the Vulcan project could be worth as much as $400 million for Teradyne, Inc. (NASDAQ:TER), as Amazon continues to invest in automating logistics for the 14 billion items it handles annually.This development highlights Teradyne's growing presence in warehouse and supply chain automation, adding another major client to its industrial roster. Shares of Teradyne moved higher following the report's release.
Teradyne advances industrial automation through collaborative robots and machine testing systems used in manufacturing, logistics, and high-volume warehouse operations.
While we acknowledge the potential of TER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Non-Mega Cap NASDAQ Stocks to Buy Right Now and 13 Cheap Stocks Under $50 to Buy Now. Disclosure: None. This article is originally published at Insider Monkey.
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