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Teradyne and Seagate Stocks Trade Down, What You Need To Know
Shares of Teradyne and Seagate fell after news broke that a Super Micro Computer co-founder was charged with smuggling AI chips to China, causing a broader selloff in the AI semiconductor industry. Despite the downturn, the article suggests that such significant price drops could be buying opportunities for high-quality stocks. Teradyne, specifically, has shown strong year-to-date performance but remains below its 52-week high, while Seagate also experienced a 3% drop.