Teradyne (TER) Q2 FY26 earnings call

Teradyne delivered record Q2 FY26 results, with AI serving as the primary growth engine across all business segments, validating its 'wafer-to-AI-data-center' strategy. The company is confident in a multiyear growth phase for the ATE TAM, driven by accelerating WFE investment and advanced packaging trends. Management is leaning into strategic investments to capture future opportunities, anticipating continued healthy growth into 2027.