adminTeradyne, Inc. (NASDAQ:TER) Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 1:50 PM EDT
Company Participants
Gregory Smith – President, CEO & Director
Conference Call Participants
James Schneider – Goldman Sachs Group, Inc., Research Division
Presentation
James Schneider
Senior Research Analyst
Good morning, everybody. Welcome to the Goldman Sachs Communicopia and Technology Conference. My name is Jim Schneider. I’m the semiconductor analyst here at Goldman Sachs. It’s my pleasure to welcome Teradyne and CEO, Greg Smith. We’re happy to have you today.
Gregory Smith
President, CEO & Director
Glad to be here.
Question-and-Answer Session
James Schneider
Goldman Sachs Group, Inc., Research Division
Maybe just starting off, high-level strategic for a second. Greg, you operate a diverse business today, both high-performance test and measurement at its core. If you think about the exposure across semiconductor test, system-level test, including industrial robotics and other areas, how do you think about Teradyne’s business mix over the long run? And what objectives are you trying to drive the business going forward?
Gregory Smith
President, CEO & Director
So right now, I mean, Teradyne is sort of a tale of 2 businesses that we have these test businesses, and we’ve been in that business since 1960, right? So it is a mature market, highly penetrated. And the way that, that business really develops is through the introduction of new technology and segment shifts and share gain and loss in that space. And right now, for that test business is both product test and Semi Test, we are in a sort of the beginning of a significant growth period, driven primarily by AI, but it extends across all the different segments of product test and semiconductor test.
The robotics business is a much newer thing. We’ve been in that business for 10 years. We got into
Read the full article here
