Teradyne posts $1.306 billion Q3 revenue as AI demand lifts results
Photo: Crypto Briefing
The chip-testing company grew sales 70% year over year, beat its own guidance, and saw its robotics unit turn a profit for the first time Teradyne just had the kind of quarter that makes a CFO’s spreadsheet look like a typo. The company reported third-quarter revenue of $1.306 billion , up 70% from a year earlier, and landed above its own guidance. The driver will surprise no one who has read a business headline in the last two years. Artificial intelligence demand, specifically the need to test the chips that power it, did most of the heavy lifting.
Source: Crypto Briefing
