Benchmark Maintains Hold on Amtech Systems (ASYS) as AI Revenue Surge

Core Insights - Amtech Systems Inc (NASDAQ:ASYS) is recognized as one of the best-performing micro-cap stocks in 2025, with a significant boost from AI-related demand [1] - Benchmark has maintained a Hold rating on Amtech, highlighting the growth in AI-related revenue, which has increased more than three times annually and now constitutes 30% of the Thermal Processing Solutions segment [1][2] Financial Performance - In Q4 FY2025, Amtech reported an EPS of $0.10, surpassing the forecasted loss of $0.06, and revenue reached $19.8 million, exceeding estimates of $18.25 million [3] - However, the revenue was 18% lower year-over-year, attributed to reduced sales in the mature node semiconductor market [3] - For the full fiscal year 2025, revenue totaled $79.4 million, down from $101.2 million the previous year, with management citing weaker mature node demand but some mitigation from AI growth [4] - The company has raised guidance for Q1 FY2026, expecting revenue in the range of $18-20 million and high single-digit adjusted EBITDA margins, driven by continued strength in the AI market [4] Business Overview - Amtech Systems Inc. specializes in supplying thermal processing and semiconductor equipment for advanced materials manufacturing, including diffusion furnaces, ion implant equipment, and polishing systems [5]