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North Reading, Massachusetts-based Teradyne, Inc. (TER) designs, develops, manufactures, and sells automated test systems and robotics products worldwide. With a market cap of $20.3 billion, Teradyne operates through Semiconductor Test, System Test, Robotics, and Wireless Test segments.
Companies worth $10 billion or more are generally described as "large-cap stocks," Teradyne fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the semiconductor equipment & materials industry. It serves several high-profile customers, including Samsung, Qualcomm (QCOM), Intel (INTC), Analog Devices (ADI), and Texas Instruments (TXN).