Teradyne: the Specialist in Testing Systems Benefits from High AI Demand – Revenue Expected to Increase Sequentially by 25% in Q4!
Reading Time: 2 minutes
The company Teradyne (TER), specialized in automated testing systems, is now also feeling the impact of the AI boom. The semiconductor testing business accounts for 75% of revenues and benefits from strong demand in the areas of computing power, networks, and storage. CEO Greg Smith emphasized that the growth is particularly "driven by system-on-a-chip solutions for applications in artificial intelligence and the strong performance in the storage sector." On October 28, not only the results for the third quarter but also the forecast for the...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
