# Who are Teradyne's customers? Who does Teradyne earn revenue from?
Canonical: https://valuechain.wiki/teradyne · Facet: customers · Updated: 2026-07-12T06:14:35.396+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Teradyne's confirmed revenue counterparties include SK하이닉스, 삼성전자, KYEC plus 3 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 6 revenue edges, backed by 9 dated sources, 2 of them primary filings (as of 2026-07-12).

### SK하이닉스 (high)  → /sk-hynix.md
- metric: Revenue ~$2.8B · FY2024 · annual revenue
- note: Supplies ATE to SK hynix — HBM test items and time structurally grow tester demand.
- [mentions] Analyst consensus (EN, research, published 2026-06-07) https://www.marketbeat.com/stocks/NASDAQ/TER/forecast/: "Consensus Buy (11 analysts), avg $394; Cantor $550, BofA $525 — AI is 50%+ of semi-test revenue."
- [confirms] Korea Economic Daily (KO, news, published 2026-02-24) https://www.hankyung.com/article/2026022418631: "Teradyne surges on the chip upturn."
- [confirms] SEC / Teradyne (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/97210/000119312526059002/ter-20251231.htm: "Teradyne FY2025 total revenue $3.19B (+13.1%); Semiconductor Test +18.8% (AI-compute demand), Robotics -15.5%. Supplies HBM·메모리 ATE to SK하이닉스."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-26) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=TER&type=10-K: "10-K: semiconductor-test revenue."
- [confirms] Teradyne (EN, ir, published 2025-01-01) https://www.teradyne.com/semiconductor-testing/: "Memory, SoC and computing test."

### 삼성전자 (high)  → /samsung-electronics.md
- note: Supplies ATE to Samsung — a key customer whose advanced logic/memory test volume pulls tool demand.
- [confirms] Korea Economic Daily (KO, news, published 2026-02-24) https://www.hankyung.com/article/2026022418631: "Teradyne surges on the chip upturn."
- [confirms] SEC / Teradyne (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/97210/000119312526059002/ter-20251231.htm: "Teradyne FY2025 total revenue $3.19B (+13.1%); Semiconductor Test +18.8% (AI-compute demand), Robotics -15.5%. Supplies 메모리·SoC ATE to 삼성전자."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-26) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=TER&type=10-K: "10-K: semiconductor-test revenue."
- [confirms] Teradyne (EN, ir, published 2025-01-01) https://www.teradyne.com/semiconductor-testing/: "Memory, SoC and computing test."

### KYEC (mid)  → /kyec.md
- note: Supplies ATE to test house KYEC — where outsourced test volume concentrates, another axis of tool demand.
- [confirms] SEC / Teradyne (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/97210/000119312526059002/ter-20251231.htm: "Teradyne FY2025 total revenue $3.19B (+13.1%); Semiconductor Test +18.8% (AI-compute demand), Robotics -15.5%. Supplies SoC ATE(위탁 테스트) to KYEC."
- [confirms] KYEC (EN, ir, published 2025-05-01) https://www.kyec.com.tw/en/: "Supplies test equipment (ATE) to KYEC."
- [confirms] Mordor (EN, analysis, published 2025-01-01) https://www.mordorintelligence.com/industry-reports/osat-market/companies: "Supplies test equipment (ATE) to KYEC."

### TSMC (mid)  → /tsmc.md
- note: Supplies ATE to TSMC — advanced-logic and AI-accelerator test is core to SoC tester demand.
- [confirms] Korea Economic Daily (KO, news, published 2026-02-24) https://www.hankyung.com/article/2026022418631: "Teradyne surges on the chip upturn."
- [confirms] SEC / Teradyne (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/97210/000119312526059002/ter-20251231.htm: "Teradyne FY2025 total revenue $3.19B (+13.1%); Semiconductor Test +18.8% (AI-compute demand), Robotics -15.5%. Supplies 첨단 SoC ATE to TSMC."
- [confirms] SemiWiki (EN, research, published 2025-10-06) https://semiwiki.com/events/362368-teradyne-and-tsmc-pioneering-the-future-of-semiconductor-testing-through-the-2025-oip-partner-of-the-year-award/: "Analyzes how Teradyne's UCIe, GPIO and streaming-scan investments enable scalable die-to-die testing for TSMC 3DFabric, detailing the two firms' close collaboration on 3D-IC test for AI and datacenter chips."
- [confirms] Teradyne Investor Relations (EN, research, published 2025-09-25) https://investors.teradyne.com/news-events/press-releases/detail/422/teradyne-awarded-2025-tsmc-open-innovation-platform-oip-partner-of-the-year-for-tsmc-3dfabric-testing: "Teradyne won TSMC's 2025 OIP Partner of the Year for co-developing multi-die test methodologies for chiplets and CoWoS advanced packaging through the TSMC OIP 3DFabric Alliance, directly confirming the two firms' 3DFabric test collaboration."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-26) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=TER&type=10-K: "10-K: semiconductor-test revenue."
- [confirms] Teradyne (EN, ir, published 2025-01-01) https://www.teradyne.com/semiconductor-testing/: "Memory, SoC and computing test."

### NVIDIA (mid)  → /nvidia.md
- note: Supplies ATE to NVIDIA — AI-accelerator volume and complexity lengthen test, flowing into tool demand.
- [confirms] Korea Economic Daily (KO, news, published 2026-02-24) https://www.hankyung.com/article/2026022418631: "Teradyne surges on the chip upturn."
- [confirms] SEC / Teradyne (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/97210/000119312526059002/ter-20251231.htm: "Teradyne FY2025 total revenue $3.19B (+13.1%); Semiconductor Test +18.8% (AI-compute demand), Robotics -15.5%. Supplies AI 가속기 SoC ATE to NVIDIA."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-26) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=TER&type=10-K: "10-K: semiconductor-test revenue."
- [confirms] Teradyne (EN, ir, published 2025-01-01) https://www.teradyne.com/semiconductor-testing/: "Memory, SoC and computing test."

### Micron Technology (mid)  → /micron.md
- note: Supplies ATE to Micron — each memory generation raises test coverage and demand.
- [confirms] Korea Economic Daily (KO, news, published 2026-02-24) https://www.hankyung.com/article/2026022418631: "Teradyne surges on the chip upturn."
- [confirms] SEC / Teradyne (EN, filing, published 2026-02-19) https://www.sec.gov/Archives/edgar/data/97210/000119312526059002/ter-20251231.htm: "Teradyne FY2025 total revenue $3.19B (+13.1%); Semiconductor Test +18.8% (AI-compute demand), Robotics -15.5%. Supplies 메모리 ATE to Micron."
- [confirms] SEC EDGAR (EN, filing, published 2025-02-26) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=TER&type=10-K: "10-K: semiconductor-test revenue."
- [confirms] Teradyne (EN, ir, published 2025-01-01) https://www.teradyne.com/semiconductor-testing/: "Memory, SoC and computing test."

Reverse side: https://valuechain.wiki/teradyne/suppliers.md · Ripple: https://valuechain.wiki/teradyne/ripple.md

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