35 Chip Stocks In Focus Amid Tech Selloff

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20. Teradyne, Inc. (NASDAQ:TER)

Number of Hedge Fund Holders: 43

Teradyne, Inc. (NASDAQ:TER) designs, develops, manufactures, and sells automated test systems and robotics products globally. In January, the company entered into a strategic partnership with Infineon Technologies to advance power semiconductor tests. As part of the strengthened relationship, Teradyne will acquire part of Infineon’s automated test equipment team (AET) in Regensburg, Germany. Rick Burns, President of the Semiconductor Test Group at Teradyne, stated that acquiring and integrating Infineon’s technology and team in Regensburg will extend the firm’s leadership in the power semiconductor market. In the earnings of the fourth quarter of 2024, the company reported revenue of $753 million out of which $561 million was in Semiconductor Test and $98 million in Robotics.

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