We came across a bullish thesis on Teradyne, Inc. on Hunterbrook’s Substack. In this article, we will summarize the bulls’ thesis on TER. Teradyne, Inc.’s share was trading at $107.43 as of July 31st. TER’s trailing and forward P/E were 37.31 and 32.15, respectively according to Yahoo Finance.
Logistics robots filling packages in a warehouse, preparing for delivery.
Hunterbrook Media, in collaboration with Citrini Research, reveals that Teradyne (TER) may be the hidden supplier behind Amazon’s highly publicized new warehouse robot, Vulcan. Amazon claims Vulcan marks a major leap in automation, featuring a robotic arm with a “sense of touch” capable of picking and stowing items at human-like speed.
However, buried beneath the headlines is the fact that Vulcan’s robotic limbs are actually built by Universal Robots, a Danish company acquired by Teradyne in 2015. Visual evidence from Amazon’s own promotional materials clearly shows the Universal Robots logo and Robotiq grippers — accessories tailored specifically for Universal Robots’ arms. As Amazon moves to automate 80% of its 14 billion hand-stowed items annually, this could translate to a ~$400 million opportunity for Teradyne’s robotics division, which currently accounts for just 10–15% of company revenues. The implications extend beyond Amazon, as the Vulcan’s capabilities showcase the progress made by combining AI and robotics.
Innovations like vision-language-action models and Nvidia’s Isaac Sim — integrated directly into Teradyne’s robots — are enabling robots to reason spatially and act with precision in complex environments. Nvidia claims these integrations are 50–80x faster than legacy systems, potentially setting a new standard in industrial automation. Despite slumping shares tied to a cyclical downturn in Teradyne’s core semiconductor testing business, this Amazon collaboration signals a pivotal moment. With no recent insider stock sales for the first time since 2018, and earnings around the corner, Teradyne may be on the brink of a robotics-driven revaluation.
Previously we covered a bullish thesis on Lam Research Corporation (LRCX) by The Antifragile Investor in May 2025, which highlighted its role in chipmaking, strong service margins, and high switching costs. The company’s stock price has appreciated approximately 14.55% since our coverage. This is because the thesis played out as expected. Hunterbrook shares a similar view in its thesis on Teradyne (TER) but emphasizes robotics-led upside.
Teradyne, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 49 hedge fund portfolios held TER at the end of the first quarter which was 61 in the previous quarter. 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.
