Category INDUSTRY UPDATES

OSI Systems Secures $14 Million Contract for Cargo and Vehicle Inspection Solutions

OSI Systems, Inc. (NASDAQ: OSIS) announced that its Security division has secured a contract worth approximately $14 million from an international customer. Under the terms of the agreement, OSI Systems will supply its advanced mobile cargo and vehicle inspection technologies,…

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Teradyne Appoints Two New Independent Members to Board of Directors

NORTH READING, Mass.–(BUSINESS WIRE)– Teradyne, Inc. (NASDAQ:TER) announced the election of two new independent directors to its Board of Directors (the “Board”). Drew Henry, Executive Vice President of Strategy & Ecosystem at Arm Holdings, and Dr. Necip Sayiner, former President and CEO of Intersil Corporation, will…

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AMD Reveals Open AI Ecosystem Strategy with New Chips, Software, and Systems at Advancing AI 2025

SANTA CLARA, Calif., June 12, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) delivered its comprehensive, end-to-end integrated AI platform vision and introduced its open, scalable rack-scale AI infrastructure built on industry standards at its 2025 Advancing AI event. AMD and its partners…

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Nokia Chooses AMD EPYC Processors to Power Cloud Infrastructure for Next-Gen Telecom Networks

AMD and Nokia Expand Collaboration to Power 5G Networks with 5th Gen EPYC™ Processors AMD announced today that Nokia has selected its 5th Gen AMD EPYC™ processors to enhance the Nokia Cloud Platform, bringing top-tier performance and energy efficiency to…

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