Teradyne, Inc
TERQ3 2023(TER Q2 FY2023)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$1.3B
AI Revenue (Q)
$42.9M
Total Revenue (Q)
$714.9M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Semi Test revenue was $474.7M out of $684.4M total (69.4%). The FY2023 10-K notes 'The growth of DDR5 and High Bandwidth Memory (HBM) devices for data center applications continued to drive demand for our products in the memory market in 2023.' This suggests increasing AI-driven memory test demand. Bumping AI estimate to ~9% of Semi Test for HBM/compute growth: $474.7M x 0.09 = $42.7M. $42.7M / $684.4M = 6.2%, rounded to 6.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Semiconductor Test Revenues $474,708 thousand
10-Q segment note, Q2 FY2023
Total revenues $684,437 thousand
10-Q income statement, Q2 FY2023
The growth of DDR5 and High Bandwidth Memory (HBM) devices for data center applications continued to drive demand for our products in the memory market in 2023
10-K FY2023, Item 1 Business
AI Products Identified (Ring 1)
UltraFLEX Plus (GPU/HPC test)Magnum V memory test (HBM/DDR5)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
FLEX Test PlatformJ750
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix