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TAP TIMES       -28-                                 MARCH 2022


                       Stocks (from 27)                         émigré, was born in Paris and entered the
                                                                United States in 1938.
        “The wireless chip giant eyes growth in
        the emerging metaverse, while it sees                   Visionary
        supply shortages easing. Is QCOM stock a                Over his long lifetime,
        buy right now?”                                         d’Arbeloff (right), who
                                                                died at age 80 in July
        The answer, “The 5G chip leader flourishes              2008, was known as a
        a strong track record of beating earnings               legendary ATE visionary
        estimates. On Feb. 2, Qualcomm beat                     and industry spokesper-
        earnings views for its fiscal first quarter,            son.
        continuing a string of quarterly beats.”

                                                                A forceful presence
        Qualcomm after Apple                                    The Teradyne name, according to various
        IBD adds, “QCOM stock was a laggard for                 sources, is meant to represent a force-
        most of 2021, hit by a report that Apple                ful presence: 1,000,000,000 dynes = 10
        could make its own iPhone modem chips,                  mega-newtons.
        cutting out Qualcomm. It rebounded late
        in the year on strong earnings and man-                 d’Arbeloff reportedly later said, “The effort
        agement’s vision for an Apple-light future.”
                                                                of starting the company felt like rolling a
                                                                15,000 pound boulder uphill,” the Immi-
        Qualcomm faces growing competition with                 grant Learning Center reported.
        the new WCDMA.  Suppliers include Broad-
        com, Infineon and Texas Instruments.                    The pair raised $200,000 from friends and
        Qualcomm, however, receives royalties                   an early venture capital firm American
        from its chipsets.                                      Research and Development. Its first head-
        9
                                                                quarters were above Joe and Nemo’s hot
                        Teradyne (TER)
                                                                dog stand in downtown Boston.

                            One legendary auto-                 While both were MIT
                            mated test equipment                graduates, DeWolfe
                            company has survived                (right)earned an engi-
                            the roils and vissitudes            neering degree, while
                            of the semiconductor                d’Arbeloff graduated from
                            industry. Teradyne in               the school’s Sloan School
                            North Reading, Mass. is             of Management.
                            that company.
                                                                First sale to Raytheon
                                                                In 1961, the new company sold its first
        Predates semiconductor industry                         product, a logic controlled go/no go di-
                                                                ode tester to Raytheon, which  — then as

        Its founding in 1960 even predates the                  now — was a major government defense
        semiconductor business. (TI invented the                contractor. Teradyne was profitable by the
        IC in 1958).Teradyne was founded in Bos-                fourth quarter of 1962.
        ton by MIT classmates Alexander Vladimir                d’Arbeloff’s was later named president and
        d’Arbeloff and Nick DeWolf, who had been                CEO. During his tenure, the company’s an-
        classmates at nearby MIT. d’Arbeloff, an                                                              next page
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