Semiconductor Test Revenue Growth
SOC and memory test revenue grew 17% year-over-year in 2024, driven by AI accelerator ASICs, networking, HBM, and DRAM.
Record Free Cash Flow
Teradyne generated over $470 million in free cash flow in 2024, contributing to a 10% year-over-year increase in earnings per share.
Strong Performance in Compute Segment
The Compute end market became a larger revenue component than Mobile, with SOC business in Compute growing more than 3.5 times from the prior year.
Strategic Partnership with Infineon
Teradyne announced a partnership with Infineon to accelerate its roadmap in the power semiconductor space, particularly in silicon carbide and gallium nitride.
WiFi 7 Design Wins
Secured 74 out of 80 tracked WiFi 7 design win opportunities in 2024, setting the stage for growth in the Wireless Test business.