Teradyne Reports Strong AI-Driven Quarterly Results

Teradyne reported fourth-quarter adjusted EPS of $1.80 and revenue of $1.08 billion, beating LSEG estimates of $1.37 and $973 million respectively on Tuesday. CEO Greg Smith said AI accounted for more than 60% of Q4 revenue and is expected to exceed 70% next quarter; the company guided Q1 EPS to $1.89–$2.26 and revenue to $1.15–$1.25 billion. The results underscore strong AI-driven demand in compute and memory.