Teradyne Inc is trading 10.2% down now at $365.27 as investors dump richly valued semiconductor and AI beneficiaries during a sharp tech-led risk-off move.
- The decline follows a broader pullback in high-valuation chip names triggered by Broadcomβs post-earnings slump.
- Hotter-than-expected labor data has pushed interest rate expectations higher, adding pressure to growth stocks across the Nasdaq.
- The move reflects broader market sentiment and macro pressures rather than any new, company-specific developments for Teradyne.