Susquehanna Boosts Teradyne to a New Street High of $550 as It Lifts Chip Equipment Spending Forecast.

Susquehanna boosts Teradyne to a new Street high of $550 as chip-equipment spending expectations rise, reflecting investors’ focus on AI infrastructure. The semiconductor sector now accounts for about 14% of the S&P 500, helped by heavy spending that Wall Street expects to continue well beyond 2028. Teradyne (TER), which provides automated test equipment for chipmakers, has jumped 37.3% over three months and was recently added to the Nasdaq-100. Susquehanna Financial raised its price target to $550 from $415. Over the last 52 weeks the stock is up 366.35%, but it trades at a forward P/E of 64.31 versus 24.52 for the sector. In Q1 CY2026, revenue was $1.28 billion, up 87% year over year, with adjusted EPS of $2.56. Teradyne said about 70% of revenue is tied to AI-related demand.