--- title: "U.S. stock night trading volatility: Teradyne fell 3.07% in night trading, strong AI demand but valuation and competitive pressure suppress stock price" type: "News" locale: "en" url: "https://longbridge.com/en/news/294009979.md" description: "Teradyne fell 3.07% in the after-hours market; Applied Materials fell 3.24% in the after-hours market, with a transaction volume of USD 5.92 million; ASML fell 2.13% in the after-hours market, with a transaction volume of USD 5.77 million; Lam Research fell 2.87% in the after-hours market, with a transaction volume of USD 4.07 million" datetime: "2026-07-28T04:37:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294009979.md) - [en](https://longbridge.com/en/news/294009979.md) - [zh-HK](https://longbridge.com/zh-HK/news/294009979.md) --- # U.S. stock night trading volatility: Teradyne fell 3.07% in night trading, strong AI demand but valuation and competitive pressure suppress stock price **U.S. Stock Night Market Movements** Teradyne fell 3.07% in the night market. Based on recent news, 1. On July 25, Cohu reported a loss, and its forward P/E ratio reached 93 times. Despite the U.S. Department of Commerce's restrictions on semiconductor equipment exports to China, AI demand remains strong, and Teradyne achieved a year-on-year revenue growth of 87.04% and a 17 percentage point expansion in profit margins. This news negatively impacted Teradyne's stock price. 2. On July 27, Nvidia's chip prices are high, and connector costs are even higher. AI servers require specialized infrastructure provided by a monopolistic company. The AI boom has just begun, putting pressure on Teradyne's market competition. 3. No other significant news recently. AI demand is strong, and market competition is intensifying. **Stocks with High Trading Volume in the Industry** Applied Materials fell 3.24% in the night market. Based on recent key news: 1. On July 28, Michael Burry shorted Applied Materials, as its stock price has dropped 26% from its peak, with a P/E ratio as high as 53 times. China's shift to domestic tool manufacturers and potential early capital expenditures in memory pose two major risks to Applied Materials' future order pipeline. Source: Quick Read 2. On July 27, Applied Materials partnered with NVIDIA to leverage GPU acceleration for simulation and digital twin technology to enhance semiconductor design, meeting the industry's demand for AI-driven technology. This collaboration marks a significant advancement in semiconductor technology. Source: NVIDIA 3. On July 25, Fast Technology reported that the delivery cycles of five major equipment suppliers, including Applied Materials, have extended to 1.5 to 2 times the original, directly threatening the production schedule of new capacity at wafer fabs. Source: Fast Technology Semiconductor equipment market demand is strong, and delivery times are extended. ASML fell 2.13% in the night market. Based on recent key news: 1. On July 28, The Information reported that China has begun mass production of DUV equipment competing with ASML, causing the stock price to drop by as much as 8.2% during trading. The market's panic over Chinese competition is considered overly exaggerated, and ASML's reliance on the Chinese market is decreasing. Source: The Information 2. On July 28, state-owned enterprises in Shanghai began producing domestic DUV lithography machines, planning to produce about five units this year. Although competition for ASML is limited in the short term, if the West further tightens export restrictions, ASML may face greater competition in the Chinese market. Source: Viewpoint Network 3. On July 27, ASML's stock was automatically suspended after falling by 8% to 8.7%, reflecting market concerns about competition from Chinese equipment. Source: Golden Finance Technology stock credit risk costs are rising, and market sentiment is suppressed. Lam Research fell 2.87% in the night market. Based on recent key news: 1. On July 27th, HSBC raised the target price for Lam Research Corporation due to expectations of strong performance in the wafer fabrication equipment market. This move boosted market confidence in Lam Research, but failed to prevent a decline in its stock price. 2. On July 28th, analysts pointed out that Lam Research failed to make it onto the top AI stock list, despite its rating being a moderate buy. This may lead to investor concerns about its future growth potential, thereby affecting its stock price. 3. On July 25th, analysts believed that five other stocks were more valuable investments than Lam Research, even though Lam Research maintained a moderate buy rating. This viewpoint may have intensified the selling pressure on Lam Research in the market. The wafer equipment market is expected to be strong, but risks need to be monitored ### Related Stocks - [TER.US](https://longbridge.com/en/quote/TER.US.md) - [AMAT.US](https://longbridge.com/en/quote/AMAT.US.md) - [ASML.US](https://longbridge.com/en/quote/ASML.US.md) - [LRCX.US](https://longbridge.com/en/quote/LRCX.US.md) ## Related News & Research - [Bank of New York Mellon Corp Acquires 5,521 Shares of Teradyne, Inc. $TER](https://longbridge.com/en/news/293091650.md) - [AI investing genius Leopold Aschenbrenner owns 20% of this AI stock. Should you buy it too?](https://longbridge.com/en/news/293820947.md) - [Dear Lam Research Stock Fans, Mark Your Calendars for July 29](https://longbridge.com/en/news/294084811.md) - [My 3 favorite artificial intelligence (AI) stocks to buy right now](https://longbridge.com/en/news/294023779.md) - [AI's new North Star: Intelligence per dollar](https://longbridge.com/en/news/293823098.md)