Teradyne Inc. launched its Magnum E2 memory test system, designed to validate next-generation memory chips used in artificial intelligence and high-performance computing. The platform targets LPDDR6, DDR6 and GDDR7, addressing the need for reliable, high-speed testing as AI manufacturing scales.
Argus raised its price target for Teradyne to $488, citing confidence in the company’s growth prospects, particularly in AI-related semiconductor testing. NorthCrest Asset Management LLC more than doubled its Teradyne holdings during the third quarter.
Teradyne also announced a strategic collaboration with FormFactor to enhance testing technologies for AI deployments.