Teradyne Expects Low Tester Utilization To Impact Demand In H1 But Anticipate Full Year Semiconductor Test Demand To Incrementally Improve From 2023
Portfolio Pulse from Benzinga Newsdesk
Teradyne, a provider of automated test equipment, anticipates a decrease in tester utilization affecting demand in the first half of the year. However, the company expects semiconductor test demand to improve incrementally from 2023 over the full year.
January 30, 2024 | 10:18 pm
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Teradyne expects lower tester utilization to negatively impact demand in H1, but predicts a recovery in semiconductor test demand as the year progresses.
The expected decrease in tester utilization suggests a potential short-term negative impact on Teradyne's revenue and earnings, which could lead to a bearish sentiment among investors. However, the anticipation of an improvement in semiconductor test demand later in the year provides a positive outlook that may balance the short-term concerns. The score is neutral because the negative and positive expectations may offset each other in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100