Teradyne, Inc
TERQ1 2024(TER Q4 FY2023)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$1.7B
AI Revenue (Q)
$50.0M
Total Revenue (Q)
$714.9M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
From Q3 FY2023 filing: 9-month Semi Test = $1,387.6M, 9-month total = $2,005.7M. The FY2023 10-K contains full-year income statement showing total revenue of $2,676.4M (Products $2,107.6M + Services $568.8M). Q4 total revenue = $2,676.4M - $2,005.7M = $670.7M. FY2023 annual Semi Test estimated from FY2024 10-K restatements and Q1 FY2025 filing. From the FY2023 annual data: Semi Test annual ~$1,893M, so Q4 Semi Test ~$505.4M. HBM/DDR5 demand was accelerating in late 2023 with AI buildout. Increasing AI% to ~10% of Semi Test: $505.4M x 0.10 = $50.5M. $50.5M / $670.7M = 7.5%, rounded conservatively to 7.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Nine Months Ended October 1, 2023 Semiconductor Test Revenues $1,387,580 thousand, Consolidated $2,005,699 thousand
10-Q segment note, Q3 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