BofA Updates Semiconductor PTs, Framing 2026 as the Midpoint of the Decade-Long AI Infrastructure Shift

Teradyne Inc. (NASDAQ:TER) is one of the hot tech stocks to invest in. On December 16, Bank of America raised the firm’s price target on Teradyne to 235from235 from 205 with a Buy rating on the shares. This sentiment came out as BofA broadly updated its price targets for the US semiconductor stocks, framing 2026 as the halfway point of a decade-long transition to AI-driven infrastructure. The firm noted that while stock performance may be volatile, this uncertainty should be balanced by the rise of AI factories ...