Jul. 11 at 5:12 PM
Hunterbrook Capital issues a long
$TER position based on
$AMZN new warehouse robot - Vulcan is the first robot in its history w/ a “sense of touch" which they say represents a “step change” breakthrough in automation & a “fundamental leap forward in robotics"
UBS identified Teradyne’s role as a potential supplier of the Vulcan - Vulcan’s distinctive robotic limbs come from Teradyne
Teradyne’s robotics division represents about 10%-15% of total revs.
With Amazon planning to automate up to 80% of its 14B items stowed by hand annually, some quick math points to a rough estimate of a
$400M payday for Teradyne
Citrini Research recently documented in a comprehensive primer on the sector, 3 factors are converging for the industry: 1) The cost curve for robots is collapsing
2) AI, specifically vision-language-action models, has finally given robots a brain worth powering
3) Key suppliers, like Teradyne, are trading at cyclical trough valuations.
