Teradyne (NASDAQ:TER) Stock Rises 5.2% to $371.47 on September 21: AI Chip Test Volume and Cantor’s $550 Target Drive Recovery Rally
Teradyne's order pipeline extends through mid-2027, Q2 revenue hit a record $1.33 billion, and Cantor just set a $550 target — but Q3 guidance came in below Q2, and the Street hasn't decided what to make of it.
Teradyne has emerged as the leading pure-play on AI semiconductor test demand, with roughly 70 percent of its revenue tied to AI-related chip testing. [Image Source: 247 Wall St.]
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