Teradyne, Inc.:  Expanding TAM in Key Cyclical Segments 

Teradyne, Inc. experienced a robust quarter, largely buoyed by increased demand in Cloud AI applications that have catalyzed growth in both the SOC and memory test markets. The company’s third-quarter earnings highlighted significant contributions from its Semi Test business, which outperformed expectations due to heightened demand for High Bandwidth Memory (HBM) and network device testing, attributed to AI applications across data centers requiring denser networks.