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Robotics Stocks Surged on Wednesday. Here's Why.
The Motley Fool· 2025-12-04 03:36
Core Insights - Robotics stocks experienced significant gains following reports that President Trump is considering an executive order to accelerate robot development in the U.S. [1][2] Company Performance - Richtech Robotics saw a stock price increase of 18.54%, with a market cap of $837 million and a year-to-date return of 56.3% [4] - Serve Robotics' stock rose by 18.74%, with a market cap of $879 million, but has a year-to-date return of -12.6% [4][5] - Oceaneering International's stock increased by 5.93%, with a market cap of $2.6 billion and a three-year return of 69.8% [4][6] - Tesla's stock rose by 4.08%, with a market cap of $1.4 trillion and a three-year return of 129% [4][8] - Teradyne's stock increased by 2.71%, with a market cap of $30.6 billion and a three-year return of 113% [4][9] Industry Context - The S&P 500 index gained 0.30% and the Nasdaq Composite index increased by 0.17% on the same day [3] - The potential executive order is part of a broader strategy by the Trump administration to maintain U.S. leadership in artificial intelligence and robotics [2]
Teradyne Declares Quarterly Cash Dividend
Businesswire· 2025-11-10 20:46
Core Points - Teradyne, Inc. announced a quarterly cash dividend of $0.12 per share, payable on December 17, 2025, to shareholders of record as of November 24, 2025 [1] - The company reported third quarter 2025 revenue of $769 million, an increase from $737 million in Q3 2024 and $652 million in Q2 2025 [7] - Teradyne's revenue breakdown for Q3 2025 includes $606 million from Semiconductor Test, $88 million from Product Test, and $75 million from Robotics [7] Company Overview - Teradyne designs, develops, and manufactures automated test equipment and advanced robotics systems, enabling customers to meet quality standards [2] - The advanced robotics business includes collaborative and mobile robots that support manufacturing and warehouse operations [2] Management Changes - Michelle Turner has been appointed as the Chief Financial Officer effective November 3, 2025, replacing Sanjay Mehta, who will remain as an executive advisor [4][6] - Sanjay Mehta has served as CFO since 2019 and plans to retire in 2026 [6]
Teradyne Announces Chief Financial Officer Transition
Businesswire· 2025-10-28 21:15
Core Insights - Teradyne, Inc. has appointed Michelle Turner as the new Chief Financial Officer effective November 3, 2025, succeeding Sanjay Mehta, who has been in the role since 2019 [1][3] - Sanjay Mehta will continue as an executive advisor to support capacity expansion in response to increased demand in Semiconductor Test, with plans to retire in 2026 [1][3] - Michelle Turner brings 30 years of financial and strategic leadership experience from various sectors, including technology and manufacturing, and has a proven track record in driving growth and operational efficiency [2][3] Company Overview - Teradyne designs, develops, and manufactures automated test equipment and advanced robotics systems, focusing on quality standards for semiconductors and electronics [5] - The company’s advanced robotics business includes collaborative and mobile robots that enhance manufacturing and warehouse operations [5] Leadership Transition - Greg Smith, President and CEO of Teradyne, emphasized the importance of aligning leadership with industry opportunities driven by AI, semiconductors, and industrial automation [3] - Michelle Turner expressed enthusiasm about joining Teradyne during a period of growth and strategic opportunity, aiming to enhance long-term shareholder returns [3][4] Financial Performance - Teradyne reported revenue of $769 million for Q3 2025, with $606 million from Semiconductor Test, $88 million from Product Test, and $75 million from Robotics [7]