Slow Progress At Advanced Energy Industries, But The Worst Is Likely Over

pixelparticle/iStock via Getty Images When I last wrote about Advanced Energy Industries (NASDAQ:AEIS), I said that I expected Q1'24 to be the low point of the cycle for this supplier of power conversion and control systems, and that still appears to be the case. That said, key segments like Industrial are still seeing destocking and the rebound in semiconductor demand likely won't really hit until 2025. That leaves AEIS in something of a gray area as the business crawls along in the near term, but still of ...