# Teradyne guides Q3 revenue above estimates on chip test demand; shares jump

_Tuesday, July 28, 2026 at 5:05 PM EDT · Products, AI, Infrastructure · Latest · Tier 2 — Notable_

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Chip-testing equipment maker Teradyne forecast third-quarter revenue above Wall Street estimates, sending shares up 13.5% in extended trading, Reuters reported.

The company expects third-quarter revenue between $1.20 billion and $1.30 billion, ahead of analysts' average estimate of $1.04 billion compiled by LSEG. It forecast adjusted earnings of $1.85 to $2.15 per share, above an estimate of $1.53.

Second-quarter revenue more than doubled to $1.33 billion, beating estimates of $1.22 billion. Adjusted profit was $2.47 per share, compared with an estimate of $2.09.

Reuters said growing demand for more complex chips used in AI data centers and vehicles has driven need for sophisticated, higher-priced testing equipment. Teradyne supplies automated test equipment used to verify semiconductor quality and reliability. CEO Greg Smith said a rapid increase in wafer fab equipment investment sets the stage for continued growth in 2027 and beyond.

## Sources

- [Reuters](https://srnnews.com/teradyne-forecasts-upbeat-revenue-on-strong-chip-equipment-demand-shares-jump/)

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