Amazon introduced its new robot, Vulcan, as a game-changer in automation technology. Teradyne’s stock surged by 6.3% after it was revealed to be supplying Vulcan’s limbs. The robot’s limbs are made by Universal Robots, acquired by Teradyne in a $285 million deal. Hunterbrook sees Teradyne as a key player in AI and robotics.

Teradyne’s stock has seen volatility, reaching a peak of over $160 in 2021. CEO Greg Smith mentioned receiving a record order from a global automotive manufacturer. Customers delayed orders due to uncertainty around tariffs. UBS analysts noted Vulcan could be a turning point for Teradyne’s industrial automation business.

Hunterbrook’s report links Amazon to Teradyne’s Vulcan. Amazon praised Vulcan for its sense of touch, a breakthrough in robot technology. Teradyne aims for growth in advanced robotics, focusing on underpenetrated markets. The company is optimistic about automating processes that involve or interact with people.

Amazon has struggled with robot dexterity in its fulfillment centers, making Vulcan a significant advancement. StockStory helps individual investors make informed decisions. Click for the latest technology news impacting the stock market and read more financial news from Yahoo Finance.

Read more at Yahoo Finance: Amazon boasts futuristic robots have ‘a sense of touch.’ Teradyne is key supplier behind this new innovation.