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Teradyne just issued an earnings forecast so strong that it wasn’t even in the neighborhood of what analysts were expecting, and its stock is soaring.
The company makes equipment that tests semiconductors and circuits, and its business seems well exposed to the different categories of artificial-intelligence chips that are seeing momentum lately. In a sparse press release Monday, Teradyne
TER noted that its latest results reflected “AI-related demand in compute, networking and memory.”
