Teradyne (TER) reported a significant boost in AI-driven revenues, achieving $100 million in robotics revenue during Q2 2026, reflecting a 33% year-over-year increase and a 9% sequential rise. More than 60% of Teradyne’s total revenues are now generated from AI-related products, driven by the demand from electronics manufacturing and semiconductor sectors.
The electronics manufacturing and semiconductor segment, which includes AI data centers, saw a staggering 50% growth from Q1, establishing it as the largest market within Teradyne’s robotics division. U.S. sales contributed 32% to robotics revenues, along with plans to open a new U.S. manufacturing center in late 2026 that aligns with the increasing automation needs in the industry.
Teradyne’s shares have surged 108% year-to-date, significantly outpacing the Zacks Computer & Technology sector’s growth of 16.8%. The Zacks Consensus Estimate for 2026 earnings has risen to $9.10 per share, indicating a projected 129.8% year-over-year growth.
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