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Teradyne TER

SemiconductorsMarket cap $20B3 connections

Teradyne makes automated test equipment (ATE) for semiconductors and electronics, plus industrial robots (Universal Robots, MiR). Its semiconductor testers check chips for defects before they're packaged. Every NVIDIA GPU, Apple chip, and automotive semiconductor is tested on Teradyne or similar equipment. Its robot business is growing rapidly.

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Customers 3

Companies Teradyne sells to

  • AppleTechnology · $3.0TTeradyne tests Apple silicon chips
  • NVIDIASemiconductors · $2.2TTeradyne tests every NVIDIA GPU before packaging
  • TSMCSemiconductors · $900BTeradyne ATE used in TSMC chip testing

Key relationships in depth

Teradyne & Apple

Teradyne supplies the automated test equipment (ATE) used to test Apple Silicon chips during and after manufacturing at TSMC. Every chip in every Apple product, including the A18 Pro and M4, is tested using Teradyne's semiconductor test systems before it is deemed functional and shipped. Teradyne also supplies handlers and other test peripherals used in Apple's supply chain.

Why it matters: Chip testing is a non-negotiable step in semiconductor manufacturing. A chip with even a single defective transistor out of 16 billion cannot be used in a product. Teradyne's test systems run each chip through thousands of functional tests in milliseconds. Test throughput and accuracy directly affect Apple's chip yield and cost per good die.

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Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.