On October 13, Teradyne fell 3.06% in Pre-Market Trading, trading at $372.34 per share, with turnover of $6.89 million.
The latest company-specific development was Teradyne's announcement that it will make a $300 million equity investment in FormFactor as part of a strategic collaboration on semiconductor testing projects. The companies said the partnership is intended to support innovation in the semiconductor test ecosystem, expand joint customer engagement opportunities, and support demand tied to advanced computing, AI infrastructure, and semiconductor technologies. The transaction remains subject to closing conditions and regulatory clearance.
However, the current move also comes amid broader weakness across semiconductor equipment names. In the sector, Applied Materials fell 2.62%, ASML Holding NV fell 2.64%, Lam Research fell 2.6%, KLA Corporation fell 2.09%, and AXT Inc fell 0.76%.
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