On September 22, Teradyne rose 3.03% in regular trading, trading at $393.12/share, with turnover of $288 million.

On the news front, the company announced the launch of Iris 100, an optical test platform specifically designed for high-volume MicroLED manufacturing. The platform measures individual emitters across MicroLED arrays, including spectral response, brightness, and uniformity, and is capable of characterizing arrays containing millions of MicroLEDs while identifying defects such as dead or stuck pixels and cluster defects. Iris 100 also integrates with the company's UltraFLEXplus system for combined optical and electrical testing, supporting both wafer-level and final-stage testing, with a roadmap to add photodetector testing capabilities.

Teradyne is a global leader in automated test equipment and robotic solutions. Its Semiconductor Test segment has seen significant growth driven by AI application demand, and the new platform is expected to further expand the company's market coverage in advanced display testing. Within the Semiconductor Equipment sector, Applied Materials rose 0.56%, ASML Holding NV rose 0.54%, Lam Research rose 1.33%, KLA Corporation rose 0.80%, while AXT Inc fell 5.65%.

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