The robotics company reported adjusted earnings<\/a> of $1.80 per share, exceeding the $1.37 per share expected by analysts surveyed by LSEG. Revenue totaled $1.08 billion, topping a forecast of $973 million. <\/p>\n Teradyne’s fourth-quarter revenue was up 44% compared to a year ago. <\/p>\n On the earnings call with analysts, CEO Greg Smith said that AI drove more than 60% of Teradyne’s revenue in the fourth quarter. He said the company expects that to be upwards of 70% next quarter.<\/p>\n The company attributed its Q4 growth to “strong AI-related demand in compute and memory” and issued strong guidance.<\/p>\n “In 2026, we expect year-over-year growth across all of our businesses, with strong momentum in compute driven by AI,” the company said in a press release on Monday.<\/p>\n Teradyne said it anticipates first-quarter adjusted earnings per share to be between $1.89 and $2.26, far above LSEG estimates of $1.26.<\/p>\n First-quarter revenue is expected to fall between $1.15 billion and $1.25 billion, again exceeding LSEG expectations of $935 million. <\/p>\n Net income for the fourth quarter was $257.2 million, or $1.63 per diluted share. Net income a year ago was $146.3 million, or 90 cents per share.<\/p>\n The company said earnings adjustments were made for “acquired intangible asset amortization, restructuring and other charges and pension mark-to-market adjustment.”<\/p>\n The AI blitz has hit every tech sector, and the latest earnings reports show the cascading effects of chip demand.<\/p>\n Smith said on the earnings call that data centers were “the prime mover of the market.” <\/p>\n In 2025, data center deals hit a record $61 billion<\/a>, according to S&P Global. <\/p>\n Memory maker Sandisk<\/a> shares soared after its second-quarter earnings last week, reporting 64% growth in its data center<\/a> business specifically.<\/p>\n Apple<\/a> CEO Tim Cook<\/a> said last week that the company would see a hit from rising memory prices<\/a>, but the iPhone maker was currently dealing with a limited supply of advanced node chips. <\/p>\n “At this time, we’re seeing less flexibility in supply chain than normal, partly because of our increased demand,” Cook said.<\/p>\n Stock Chart IconStock chart icon Teradyne one-day stock chart<\/p>\n","protected":false},"excerpt":{"rendered":"Cheng Xin | Getty Images News | Getty Images Teradyne stock popped on Tuesday after the company beat…\n","protected":false},"author":2,"featured_media":265759,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,5892,363,364,2339,4562,553,4568,220,111,139,69,151540,18381,145,44913,5191],"class_list":{"0":"post-265758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-apple-inc","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-breaking-news-markets","13":"tag-breaking-news-technology","14":"tag-business-news","15":"tag-earnings","16":"tag-markets","17":"tag-new-zealand","18":"tag-newzealand","19":"tag-nz","20":"tag-pre-markets","21":"tag-sandisk-corp","22":"tag-technology","23":"tag-teradyne-inc","24":"tag-tim-cook"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/265758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=265758"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/265758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/265759"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=265758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=265758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=265758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
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