TER is trading at $460.86 (+7.88%) in active premarket trading, gaining momentum from a broader semiconductor rally sparked by Micron's strong earnings. - The move extends a sharp advance from the prior session close as Micron's strong earnings revived the AI trade and lifted sector-wide sentiment. - Bank of America raised Teradyne's price target to $525.00 from $365.00 on June 23, contributing to positive momentum. - The price action reflects a broader tech rebound, alongside specific analyst optimism, as investors re-engage with semiconductor equipment and testing names.