Teradyne, Inc.

Teradyne, Inc. is a global designer, developer, and manufacturer of automated test equipment (ATE) and robotics products, headquartered in North Reading, Massachusetts, USA. The company's mission is to ensure that the electronic products powering work, personal, and public lives function as intended, by delivering high-quality, innovative solutions that help customers bring products to market faster and more cost-effectively.

Teradyne's core offerings include automated test systems for semiconductors, wireless products, data storage, and complex electronic systems, serving diverse market segments such as consumer electronics, automotive, industrial, communications, aerospace, and defense. Its robotics division provides collaborative robotic arms and autonomous mobile robots used by manufacturing, logistics, and industrial customers to enhance quality and efficiency. The company also offers comprehensive services, including test program development, installation, calibration, and ongoing technical support.

Led by President and CEO Greg Smith, who was appointed in February 2023, Teradyne reported record first-quarter 2026 results, with revenue surging 87% year-over-year, largely driven by strong AI-related demand. The Semiconductor Test segment notably exceeded $1 billion in revenue for the first time, while the Robotics segment also demonstrated sequential growth. Teradyne continues to strategically invest in and acquire capabilities related to AI data center connectivity and semiconductor test software, reinforcing its market position in advanced testing and industrial automation.