Reported about 22 hours ago
Teradyne reported second-quarter revenue that exceeded Wall Street's expectations, driven by robust demand for its semiconductor-testing equipment, resulting in a 3.5% rise in its shares. The CEO indicated that demand is strengthening across various sectors and believes the AI boom will bolster the company's performance in the second half of the year. Teradyne generated $651.8 million in revenue, surpassing forecasts, and provided a positive outlook for the upcoming quarter.
Source: YAHOO