Teradyne Inc. (NASDAQ:TER) is a top performer, rising 12.79% on Monday to close at $135.18 per share after an analyst upgraded its price target and rating. Susquehanna raised its price target by 50.37% to $200, citing optimism for strong growth next year. The company is gaining traction at TSMC for GPU wafer sort testing.

Investment firm Susquehanna noted that Teradyne Inc. (NASDAQ:TER) is expected to supply TSMC with system-on-a-chip testers starting in 2026, with additional units to be purchased and consigned to OSA partners. While not expecting a significant revenue increase until 2026, TER’s expanding presence in various testing points is seen as a positive development.

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Read more at Yahoo Finance: Teradyne (ETR) Extends 4-Day Run as Analyst Goes Bullish on PT, Rating