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Here's Why AI Demand Sent Teradyne Stock Up 20% Today

The Motley Fool Logo The Motley Fool By Lee Samaha
Here's Why AI Demand Sent Teradyne Stock Up 20% Today

Teradyne reported strong Q3 earnings with 18% year-over-year revenue growth, driven by semiconductor test equipment for AI applications. The company expects continued robust AI-related test demand in Q4, with potential for sustained growth in the AI technology sector.

Insights
TER   positive

Strong Q3 earnings, 18% revenue growth, positive Q4 guidance with expected 25% revenue increase and 56% EPS growth, primarily driven by AI-related semiconductor test solutions