Shares of Teradyne (TER) slumped 17% to lead 澳洲幸运5官方开奖结果体彩网:S&P 500 decliners Tuesday, as the maker of testing equipment for chips and electronics updated its guidance in response to the potential impact of Trump administration trade moves.

In a presentation ahead of its Investor Day, the company explained that it sees short-term volatility "mainly in SemiTest business," as well as new uncertainty around tariffs and trade restrictions. It added it doesn’t expect cancellations, "but some push outs and capital reviews."

Teradyne didn't forecast any changes to its outlook for the current quarter but anticipates second-quarter revenue to be flat to down 10% from the first quarter and full-year revenue up 5% to 10% year-over-year. For fiscal 2026, the company predicts 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) and revenue "trending t𒆙oward the low end🍸 of the previous 2026 earnings model."

In addition to the update, Teradyne also announced it bought privately held Quantifi Photonics for an undisclosed price. Quantifi manufactures photonic integrated circuit testing devices.

Teradyne shares, which entered Tuesday little changed over the past year, traded at levels not seen in about a year and a half.