Teradyne is essentially a state-of-the-art testing company for both current and emerging technologies, which means it’s unlikely to run out of business as long as it stays the course on innovation, upgrades, and competitiveness.
What really caught my eye, though, is their investment in robotics. TER has been heavily funding the development of collaborative and autonomous robots, and this segment could potentially outgrow its core chip business in near future.
I'm definitely considering buying some shares, especially at this discounted price.