Jefferies Sees a NVIDIA Opportunity Over $2 Billion for Teradyne: Complex AI Chips Drive Demand for Testing Systems!

Jefferies initiates coverage on Teradyne with a "Buy” rating and a price target of $284. Analysts see the testing specialist transitioning from a traditional smartphone supplier to a key provider for AI chips. They expect particularly significant potential in the business with NVIDIA. AI Becomes Core Business According to Jefferies, Teradyne’s transition is already well underway. In the third quarter of 2026 (up to September 27), more than 60% of revenue is expected to come from AI-related applications. The reason lies in the development...