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Barchart
Barchart
Chris MacDonald

This AI Chip Stock Just Got a New Street-High Price Target. Should You Buy It Here?

Teradyne TER Susquehanna

Artificial intelligence (AI) is the future, and investors who haven't gotten aboard the AI train may be feeling left out. Whether it's the incredible rise seen in chipmakers such as Nvidia (NVDA) or the surge we've seen in a host of data center and utilities stocks, there are multiple ways for investors to play this trade outside of tech companies building the next world-class AI applications and user-facing technologies.

Within the picks-and-shovels space, Teradyne (TER) is one of the more interesting companies I've started to look at as a potential long-term winner. It turns out I'm not the only one assessing this company for its long-term growth potential. 

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