Teradyne: Testing Is Vital For The Semiconductor Industry
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With testing demand for automotive, industrial, memory, and mobility sectors remaining strong and growing, Teradyne (NASDAQ:TER) beat expectations in April 2021 when it reported first quarter earnings. Revenues rose by 11% in the quarter to $782 million, or $22 million more than consensus. It also exceeded earnings forecasts.
As a result, investors have continued to pour money into the company’s stock, which has known a better one-year upside, exceeding…
