Teradyne reports record Q2 revenue and raises outlook for AI demand

Teradyne reported second-quarter 2026 revenue of $1.329 billion for the period ended June 28, up 104% from a year earlier, with GAAP EPS of $2.38 and non-GAAP EPS of $2.47. Semiconductor Test generated $1.122 billion, while Product Test contributed $107 million and Robotics $100 million; for the third quarter, Teradyne expects revenue of $1.2 billion to $1.3 billion and GAAP diluted EPS of $1.79 to $2.09, citing robust AI-related demand.