On September 21, Teradyne rose 3.1% in pre-market trading, trading at $382.28/share, with turnover of approximately $4.30 million.

On the news front, Teradyne announced the launch of Iris 100, a new optical test platform specifically designed for high-volume microLED manufacturing. The platform is capable of measuring individual emitters across microLED arrays, including spectral response, brightness, and uniformity. Leveraging advanced test and image-processing technology, the system can characterize arrays containing millions of microLEDs and identify defects such as dead or stuck pixels and cluster defects. The Iris 100 also integrates with Teradyne's UltraFLEXplus system for combined optical and electrical testing, supporting both wafer and final testing stages, with a roadmap to add photodetector testing capabilities.

The new product launch expands Teradyne's semiconductor test capabilities into the emerging microLED display market, reinforcing its position in the semiconductor equipment sector. Within the broader Semiconductor Equipment sector, peers also posted gains, with Applied Materials up 2.52%, Lam Research up 2.62%, KLA Corporation up 2.58%, ASML Holding up 1.72%, and AXT Inc up 4.87%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)