Teradyne posts $1.306 billion Q3 revenue as AI demand lifts results

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. Teradyne (NASDAQ: TER) is not a household name. But it sits in a part of the semiconductor supply chain that gets very busy when everyone wants more AI hardware at once. The numbers behind the quarter Start with the headline figure. Third-quarter 2026 revenue reached $1.306 billion, compared with $769 million in the same quarter of 2025. That is a 70% jump in twelve months. The Semiconductor Test segment was the engine. It brought in $1.072 billion on its own, the overwhelming majority of the company’s total sales. The other two segments contributed too. Product Test generated $138 million, while Robotics added $96 million. Robotics deserves its own moment. That $96 million marked the segment’s highest third-quarter revenue to date, and the unit reached profitability for ...