# If Teradyne moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/teradyne · Facet: ripple · Updated: 2026-07-12T06:14:35.396+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Teradyne is directly linked to 6 companies (0 supply, 6 revenue relationships) and reaches 30 companies within two hops; the links are backed by 9 dated sources, 2 of them primary filings (as of 2026-07-12).

Teradyne operates across S&P 500, Semi test, ATE oligopoly (#2). Momentum stayed firm and it is +84.6% in 2026. The demand side (avg +109.9%) leads the stock (+84.6%), so customer moves come first here. Among connected nodes the furthest ahead is Micron Technology (+256.4%) and the furthest behind is TSMC (+41.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Watch AI/HBM-driven test-complexity growth and the ATE capex cycle.

## Demand chain (leading)
- T1 King Yuan Electronics (KYEC) (https://valuechain.wiki/kyec.md)
- T2 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T3 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T3 LG Electronics (https://valuechain.wiki/lg-electronics.md)
- T3 General Motors (https://valuechain.wiki/general-motors.md)
- T3 Kyocera (https://valuechain.wiki/kyocera.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Meta Platforms (https://valuechain.wiki/meta.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T3 Super Micro (https://valuechain.wiki/super-micro.md)
- T3 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 IREN (https://valuechain.wiki/iren.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Aurora Innovation (https://valuechain.wiki/aurora.md)
- T3 TeraWulf (https://valuechain.wiki/terawulf.md)
- T3 Pony.ai (https://valuechain.wiki/pony-ai.md)
- T3 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T3 Rigetti Computing (https://valuechain.wiki/rigetti.md)
- T3 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Dell Technologies (https://valuechain.wiki/dell.md)
- T3 CrowdStrike (https://valuechain.wiki/crowdstrike.md)
- T3 Datadog (https://valuechain.wiki/datadog.md)
- T3 Snowflake (https://valuechain.wiki/snowflake.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T3 Lenovo (https://valuechain.wiki/lenovo.md)
- T3 ServiceNow (https://valuechain.wiki/servicenow.md)
- T3 Hewlett Packard Enterprise (https://valuechain.wiki/hpe.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 Palantir Technologies (https://valuechain.wiki/palantir.md)
- T3 Kratos Defense (https://valuechain.wiki/kratos.md)
- T3 Schrodinger (https://valuechain.wiki/schrodinger.md)
- T3 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 SK Telecom (https://valuechain.wiki/sk-telecom.md)
- T3 Illumina (https://valuechain.wiki/illumina.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T3 Gigabyte Technology (https://valuechain.wiki/gigabyte.md)
- T3 ASUSTeK Computer (https://valuechain.wiki/asustek.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 Celestica (https://valuechain.wiki/celestica.md)
- T3 Geely Auto (https://valuechain.wiki/geely-auto.md)
- T3 Baidu (https://valuechain.wiki/baidu.md)
- T3 IonQ (https://valuechain.wiki/ionq.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 Cloudflare (https://valuechain.wiki/cloudflare.md)
- T3 Alibaba Group (https://valuechain.wiki/alibaba.md)
- T3 Mercury Systems (https://valuechain.wiki/mercury-systems.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 Tempus AI (https://valuechain.wiki/tempus-ai.md)
- T3 Tencent Holdings Limited (https://valuechain.wiki/tencent-holdings-limited.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Schlumberger (https://valuechain.wiki/schlumberger.md)
- T3 Agilent Technologies, Inc. (https://valuechain.wiki/agilent-technologies.md)
- T3 Yum! Brands (https://valuechain.wiki/yum-brands.md)
- T3 GE HealthCare Technologies Inc. (https://valuechain.wiki/ge-healthcare.md)
- T2 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T1 TSMC (https://valuechain.wiki/tsmc.md)
- T2 Broadcom (https://valuechain.wiki/broadcom.md)
- T3 Arista Networks (https://valuechain.wiki/arista.md)
- T3 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 NetApp, Inc. (https://valuechain.wiki/netapp.md)
- T2 Intel (https://valuechain.wiki/intel.md)
- T3 HP Inc. (https://valuechain.wiki/hp.md)
- T3 F5, Inc. (https://valuechain.wiki/f5.md)
- T2 Marvell (https://valuechain.wiki/marvell.md)
- T2 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T2 Sony Semiconductor Solutions (https://valuechain.wiki/sony-semiconductor.md)
- T3 Nikon (https://valuechain.wiki/nikon.md)
- T2 Alchip Technologies (https://valuechain.wiki/alchip.md)
- T2 Credo Technology (https://valuechain.wiki/credo.md)
- T2 Global Unichip (https://valuechain.wiki/global-unichip.md)
- T3 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T2 NXP Semiconductors (https://valuechain.wiki/nxp.md)
- T3 Honeywell Technologies (https://valuechain.wiki/honeywell-technologies.md)
- T3 Hubbell Incorporated (https://valuechain.wiki/hubbell-incorporated.md)
- T2 Renesas Electronics (https://valuechain.wiki/renesas.md)
- T2 Mobileye (https://valuechain.wiki/mobileye.md)
- T2 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T2 Microchip Technology (https://valuechain.wiki/microchip.md)
- T2 Cisco (https://valuechain.wiki/cisco.md)
- T2 Montage Technology (https://valuechain.wiki/montage.md)
- T2 Phison Electronics (https://valuechain.wiki/phison.md)
- T3 Seagate Technology (https://valuechain.wiki/seagate.md)
- T2 Cerebras Systems (https://valuechain.wiki/cerebras.md)
- T2 Ambarella (https://valuechain.wiki/ambarella.md)
- T3 AeroVironment (https://valuechain.wiki/aerovironment.md)
- T2 AMD (https://valuechain.wiki/amd.md)
- T2 Realtek (https://valuechain.wiki/realtek.md)
- T2 Fortinet (https://valuechain.wiki/fortinet.md)
- T2 Will Semiconductor (https://valuechain.wiki/will-semiconductor.md)
- T1 Micron Technology (https://valuechain.wiki/micron.md)

---
Full node: https://valuechain.wiki/teradyne.md · JSON: https://valuechain.wiki/teradyne.json