Greg Smith

Greg Smith leads Teradyne as President and CEO, overseeing the world's largest provider of semiconductor test equipment. Every advanced semiconductor chip — whether an AI accelerator for NVIDIA, a mobile processor for Apple, or an automotive chip for NXP — must be tested before shipping to ensure it meets specifications. Teradyne's automated test equipment (ATE) performs this critical function across the semiconductor industry. Teradyne holds the leading market share in semiconductor test, particularly in the high-end SOC (system-on-chip) test segment that covers the most advanced and complex devices. The AI boom has been a significant driver, as AI chips are among the most complex and highest-value semiconductors ever produced, requiring extensive testing. Each new technology node and each increase in chip complexity drives more testing demand. Teradyne also operates Universal Robots (UR), the pioneer and market leader in collaborative robots (cobots) — robots designed to work safely alongside humans in manufacturing environments. Key stock drivers include semiconductor industry capital spending cycles, AI chip test demand, mobile and automotive chip volumes, test intensity per device trends, Universal Robots revenue growth, factory automation adoption, and competition with Advantest in the ATE market.