Teradyne (TER +2.67%) is a developer of industrial equipment that helps automate repetitive tasks, specifically for the semiconductor industry. In manufacturing electronic devices, testing the products to ensure they work correctly is one of the most repetitive and time-intensive tasks.
Teradyne’s robotics help free people from this activity, speed up testing and verification times, and increase the accuracy of device testing before a product is delivered.
This robotics company is also a top partner of automotive, aerospace, and defense companies. It owns Universal Robots (UR) and Mobile Industrial Robots (MiR), two businesses it acquired in recent years. Universal Robots is known for devices like robotic arms used in manufacturing, and MiR for its self-driving bots used in warehouses.
Although it’s a behind-the-scenes play on automation, all sorts of everyday devices, mission-critical machinery, and tech services (such as 5G mobile networks) benefit from Teradyne’s work. The company is constantly improving its robotic equipment. In December 2025, Teradyne announced plans to expand its global robotics presence by opening a new U.S. operations hub in 2026.
