Latest News In AI Chips - AI Transforms Logistics With Innovative Supply Chain Solutions

ITS Logistics has unveiled ITS Engage, an AI-driven supply chain ecosystem designed to enhance the collaboration and efficiency of shippers, carriers, and supply chain partners. Developed over three years, this technology platform aims to transform logistics operations with real-time data access and advanced analytics, utilizing machine learning to streamline the management of drayage and container lifecycles. By offering enhanced visibility and customizable features, ITS Engage is set to expand with additional tools in logistics management, aiming to address complexities in supply chain operations. This initiative reflects a growing trend in harnessing AI to bolster the logistics industry's adaptability and responsiveness.

In other market news, Teradyne (NasdaqGS:TER) was a standout up 6.3% and ending trading at $98.62. Meanwhile, Kioxia Holdings (TSE:285A) softened, down 3% to close at ¥2,480.

Teradyne's timely acquisition of Quantifi Photonics boosts its semiconductor market strength. Click to read a detailed narrative on Teradyne's strategic advancements.

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• Advanced Micro Devices (NasdaqGS:AMD) settled at $144.16 up 4.2%.
• NVIDIA (NasdaqGS:NVDA) ended the day at $164.10 up 0.7%, not far from its 52-week high.
• QUALCOMM (NasdaqGS:QCOM) finished trading at $159.09 down 0.2%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "ITS Logistics Announces ITS Engage: A Centralized Ecosystem for Shippers, Carriers, and Supply Chain Partners" from ITS Logistics on GlobeNewswire (published 10 July 2025)

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