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With a market cap of $14.2 billion, Teradyne, Inc. (TER) is a global supplier of automated test equipment and robotics solutions. Headquartered in North Reading, Massachusetts, the company operates through three segments: Semiconductor Test; Robotics; and Other.
Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Teradyne fits this criterion perfectly. The company designs, develops, manufactures, and sells automated test systems and robotics products for semiconductors, as well as collaborative robots and mobile robots.