🟢 Teradyne is trading 14.7% up today after record Q2 results and strong AI-driven outlook

Teradyne is trading 14.7% up at $367.74 after reporting a blowout second quarter with revenue doubling year-over-year to a record $1.33 billion and GAAP EPS of $2.38, significantly exceeding previous guidance.

• Management issued a robust Q3 outlook with revenue projected between $1.2–$1.3 billion and non-GAAP EPS of $1.85–$2.10.
• AI-related demand now accounts for approximately 70% of total revenue, providing a significant infrastructure tailwind that allows the company to outperform broader semiconductor sector weakness.