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Teradyne (TER) and Photronics (PLAB) stocks soared 34.6% and 41.1% respectively, after both semiconductor equipment firms reported stronger-than-expected Q3 earnings.
Semiconductor test equipment company Teradyne (TER) appears 82.3% overvalued according to a Discounted Cash Flow analysis, despite its stock gaining 53.8% year-to-date on AI-related optimism.
JPMorgan upgraded Dollar General to Overweight with a $166 price target, while Roth Capital downgraded Costco to Sell, cutting its target to $769.
Teradyne reported significant revenue growth in its semiconductor test segment, directly fueled by the expanding demand for AI hardware. The company's performance underscores the critical role of testing equipment in the booming AI chip supply chain.