AI Chips Need Testing, and Teradyne (TER) Is Winning. Is the Valuation Too High?

Robots get the headlines at Teradyne (NASDAQ:TER). Chip testers pay the bills. In the second quarter of 2026, the company’s robotics arm brought in $100 million. Its semiconductor test business brought in $1.12 billion over the same three months. That split matters, because the stock isn’t cheap. Teradyne builds the machines that check chips for […]