Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAngelica BallesterosFri, June 26, 2026 at 5:05 AM GMT+2 2 min readTeradyne Inc. (NASDAQ:TER) is one of the 9 Stocks Winning by Double Digits.Teradyne soared to a fresh all-time high on Thursday, as investors placed bets in its stock after one of its largest customers reported a stellar earnings performance in the third quarter of its fiscal year.In intra-day trading, Teradyne Inc. (NASDAQ:TER) surged to its highest price of $472.37 before trimming gains to end the session just up by 10.47 percent at $471.96 apiece. Photo by Tima Miroshnichenko on PexelsEarlier in the week, its major customer, Micron Technology, announced a whopping 1,400 percent jump in its net income in the third quarter of the fiscal year ending May 28, at $28.2 billion versus $1.88 billion in the same period a year earlier.Revenues also surged by 346 percent to $41.456 billion from $9.3 billion year-on-year.Similarly buoying sentiment was Micron's continued upbeat outlook for the fourth quarter ending August 2026, with revenues expected at $50 billion, plus or minus $1 billion.Investors were expecting that Micron's strong earnings performance and upbeat outlook would spill over to Teradyne Inc. (NASDAQ:TER) in the second and third quarters of the year.Based on its historical earnings performance, Teradyne Inc. (NASDAQ:TER) is set to report its second-quarter earnings performance in the last week of July 2026.While we acknowledge the potential of TER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info