AI Semiconductor Test Beneficiary Executive Sells Portion of Holdings Worth Billions

A legal officer at U.S. automated test-equipment maker Teradyne, Inc. (NASDAQ: TER) sold a portion of his restricted shares on May 7 under a pre-established Rule 10b5-1 trading plan, generating approximately $257,000 in cash (around ₩340 million). After this transaction, his direct holdings stand at about 7,665 shares, worth roughly $2.89 million (about ₩3.8 billion) at the same share price.

On May 8, two other insiders—Ernest E. Maddock and Henry Andrew Chisholm—each received approximately 600 restricted stock units under the company’s 2006 Stock and Cash Incentive Plan, increasing their Teradyne holdings without any cash purchases or sales.

Teradyne also declared a quarterly cash dividend of $0.13 per share on May 7, payable June 12 to shareholders of record as of May 21.

In its April 28 Q1 2026 earnings release, Teradyne reported revenue of $1.282 billion (about ₩1.7 trillion) and diluted EPS of $2.53, noting that roughly 70 percent of revenues were driven by AI-related demand.

Headquartered in North Reading, Massachusetts, Teradyne designs and manufactures automated test equipment and collaborative robots used worldwide to inspect semiconductor chips and circuit boards. On April 16, the company completed its acquisition of TestInsight, a semiconductor test-development software firm, bolstering its software capabilities from design through testing for AI and data-center high-performance chips.