Teradyne Falls as Nasdaq 100 Chip Selloff Hits Broadcom Guidance Miss

Teradyne fell in the nasdaq 100 morning session as a broad semiconductor selloff followed Broadcom's guidance miss and a stronger-than-expected jobs report. The stock dropped with other chip names after those two catalysts hit expectations for AI spending and interest rates at the same time.

Teradyne and Broadcom

Broadcom's guidance miss reset expectations for the pace of hyperscaler AI chip spending, while the 172,000-payroll report eliminated near-term rate-cut hopes and added year-end rate-hike risk in CME FedWatch pricing. Teradyne was trading at $376.11 per share after the move, still up 81.2% since the beginning of the year.

The stock has been especially volatile. Teradyne has had 41 moves greater than 5% over the last year, and it gained 5.8% three days ago after Jensen Huang's GTC Taipei keynote at Computex, where he used the phrase "reinvent the PC."

Computex and Jensen Huang

Huang's keynote had helped lift the shares earlier in the week, but the latest session pushed them back into a sector-wide decline. The broader chip selloff was global, with South Korea's Kospi falling 5.5%, Samsung down 6.4%, SK Hynix nearly 10%, ASML down 3.8%, and Infineon down more than 6%.

Teradyne remained 10% below its 52-week high of $418.08 from April 2026. An investment of $1,000 in the stock 5 years ago would now be worth $2,875, a reminder of how sharply the share price can move around single-session shifts in semiconductor sentiment.

Teradyne's 52-Week High

For investors tracking the stock after the selloff, the immediate read is straightforward: Teradyne is still far above where it started the year, but the latest drop shows how quickly chip names can lose ground when AI-spending expectations and rate expectations both move against them. The next move in the sector will likely follow whether those assumptions stabilize after the jobs report and Broadcom's guidance reset.