Teradyne is trading 4.9% up at $350.00 in pre-market, extending a rebound following a sharp semiconductor selloff driven by AI valuation and cost concerns.
- The stock is climbing alongside a 3.7% jump in chip indices and higher Nasdaq futures as investors rotate back into AI infrastructure and chip-testing plays.
- The recovery comes ahead of pivotal Big Tech and Intel earnings reports that will test market sentiment regarding the sustainability of AI infrastructure spending.