Teradyne Stock Plunges 12% in the Past 6 Months: Buy the Dip or Wait?

Teradyne (TER) shares have lost 11.8% in the trailing six-month period against the Zacks Computer & Technology sector’s rise of 8.5%.The underperformance can be attributed to softer demand in Teradyne’s non-semiconductor test businesses, particularly in wireless and production board testing. Additionally, the slower-than-expected ramp of Wi-Fi 7 and continued weakness in the automotive sector have been headwinds.However, TER’s prospects are expected to ride on its robust and diversified portfolio. In the th ...