Amkor Technology, Inc. (NASDAQ:AMKR) is among the 12 Best Tech Stocks that Beat Earnings Estimates. On February 10, 2026, Needham analyst Charles Shi raised the price target on Amkor Technology, Inc. (NASDAQ:AMKR) to $65 from $50 and kept a Buy rating following the company’s Q4 earnings beat. The analyst noted that most reported metrics came in above consensus estimates, and said the FY26 CapEx outlook of $2.5B to $3B, a record level not previously seen in Amkor’s history and well above the Street, signal ...

Financial Data and Key Metrics Changes - The company reported record revenue of $267 million for Q4 2025, representing a 22% increase from Q3 [12] - Gross margin improved by about 50 basis points to 54.6% from Q3, while operating margins increased to 25.2%, up 410 basis points from the previous quarter [12] - For the full year, revenue reached $1,005 million, also a record for the company [12] Business Line Data and Key Metrics Changes - Advanced packaging and specialty devices generated approximately $145 million in Q4, accounting for slightly more than half of total revenue, with sales from the 2.5D packaging business doubling compared to Q3 [13] - Advanced nodes revenue more than doubled in 2025 to $308 million, driven by growth in both DRAM and logic, which together represent about 75% of the total [14] - Advanced packaging revenue is expected to grow over 30% in 2026, while advanced nodes are projected to grow in the range of 10%-20% [8][10] Market Data and Key Metrics Changes - The semiconductor capital equipment spending is projected to experience a powerful upcycle driven by AI investments, with NVIDIA forecasting a 40% CAGR for global AI infrastructure over the next five years [3] - Analysts project strong wafer fab equipment (WFE) growth in the range of 10%-20% in 2026, contingent on the availability of new clean room space [4] - The company has a backlog that has nearly doubled over the last three months, supporting strong growth expectations [10] Company Strategy and Development Direction - The company is focused on expanding its technology portfolio to meet the insatiable demand for AI, with a volume purchase agreement valued at over $240 million covering metrology demand through 2027 [4][5] - The company is ramping up extended factories to support a $2 billion run rate, indicating confidence in capacity to meet demand [24] - The integration of Semilab is expected to enhance operational discipline and improve scalability and profitability [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the strong momentum in advanced packaging and advanced nodes, with expectations for revenue in Q1 2026 to be in the range of $275 million-285 million [10][15] - The company anticipates continued margin expansion each quarter in 2026, with gross margin expected to improve by approximately 50 basis points from Q4 levels [16] - Management noted that customer discussions are increasingly constructive, with several extending forecasts into 2027 [4] Other Important Information - The company completed the acquisition of Semilab for $445 million in cash and stock, which is expected to contribute to revenue growth in 2026 [15] - The adoption of the One Big Beautiful Bill Tax Act resulted in cash tax savings of $19 million in 2025 and an estimated $14 million in 2026 [14] Q&A Session Summary Question: Market outlook for the year - Management expects advanced packaging to grow over 30% this year, with broad-based demand across various manufacturers [21] Question: Backlog and capacity for growth - The company is set up to serve a $2 billion run rate, with no significant capacity issues anticipated, though supply chain constraints are being managed [24][25] Question: Expectations for advanced packaging growth - Advanced packaging revenue is expected to be stable throughout the year, with potential upside from the adoption of G5 technology [30] Question: Visibility in advanced nodes growth - Advanced nodes are expected to grow in the range of 10%-20%, with ongoing discussions around volume purchase agreements providing better insight [33] Question: Contribution of Semilab to revenue - Semilab is expected to contribute low hundreds to $110 million in revenue for 2026, with challenges anticipated in the power semiconductor segment [59] Question: Growth rates for CoWoS and HBM inspection businesses - Growth rates for both segments are expected to be relatively similar, with demand for memory expanding [50]

MKS (NasdaqGS:MKSI) Q4 2025 Earnings call February 18, 2026 08:30 AM ET Speaker7I would now like to hand the conference over to your speaker today, Paretosh Misra. Please go ahead, sir.Speaker8Good morning, everyone. I'm Paretosh Misra, Vice President of Investor Relations, and I'm joined this morning by John Lee, President and Chief Executive Officer, and Ram Mayampurath, Executive Vice President and Chief Financial Officer. Yesterday, after market close, we released our financial results for the fourth qu ...

Nova (NasdaqGS:NVMI) Q4 2025 Earnings call February 12, 2026 08:30 AM ET Company ParticipantsGaby Waisman - President and CEOGuy Kizner - CFOMichael Mani - Equity Research AssociateMiri Segal - CEOConference Call ParticipantsCharles Shi - AnalystElizabeth Sun - Equity Research AnalystEzra Weener - AnalystMatthew Presto - AnalystShane Brett - Equity Research AnalystVedvati Shrotre - Director and Equity Research AnalystOperatorGood day, and welcome to the Nova Ltd. fourth quarter and full year 2025 financial ...

Core Viewpoint - GlobalFoundries is hosting a webinar on March 10, 2026, to provide updates on its business, technical advancements, and strategic direction in Silicon Photonics and Advanced Packaging [1][2]. Group 1: Webinar Details - The webinar will take place at 4:30 p.m. ET and will include presentations followed by a Q&A session [1][3]. - Interested participants can register for the conference call and access the webcast on GlobalFoundries' Investor Relations website [3]. Group 2: Company Overview - GlobalFoundries is a leading semiconductor manufacturer, focusing on delivering power-efficient and high-performance products for various high-growth markets, including automotive and IoT [4]. - The company operates globally with manufacturing facilities in the U.S., Europe, and Asia, emphasizing security, longevity, and sustainability in its operations [4].

Core Insights - KLA Corporation (KLAC) shares fell 15.1% following the release of second-quarter fiscal 2026 results due to disappointing guidance and operational challenges [1] - The company anticipates third-quarter fiscal 2026 revenues of $3.35 billion (+/- $150 million), indicating a weak product mix and rising costs of DRAM chips impacting gross margins [1] - Supply constraints and negative tariff impacts are expected to create near-term headwinds for the company [1] Performance Overview - KLA shares have increased by 90.6% over the past 12 months, significantly outperforming the Zacks Computer and Technology sector's return of 23.1% and the Zacks Electronics-Miscellaneous Products industry's growth of 37.4% [2] - The company has outperformed competitors such as Applied Materials (81.9%), ASML Holding (87%), and Axcelis Technologies (48.1%) during the same period [3] Growth Drivers - KLA is experiencing strong demand for advanced packaging, with revenues expected to grow in the mid-to-high teens year-over-year in 2026, driven by AI demand [6][9] - The core WFE market is projected to grow in the high single to low double digits in 2026, reaching approximately $120 billion, with advanced packaging contributing to a total market forecast in the mid-$130 billion range [10] Earnings Estimates - The Zacks Consensus Estimate for fiscal 2026 earnings is $36.58 per share, reflecting a 9.9% increase from 2025 [11] - For the third quarter of fiscal 2026, earnings are estimated at $9.12 per share, indicating an 8.4% growth year-over-year, with revenues expected to reach $3.37 billion, a 9.9% increase from the previous year [12] Valuation Metrics - KLA shares are currently trading at a premium, with a forward 12-month price-to-earnings (P/E) ratio of 33.83, higher than the broader sector average of 26.08 [13] - The stock is technically positioned above the 50-day and 200-day moving averages, indicating a bullish trend [16] Investment Recommendation - Despite the recent dip in share price, KLA is recommended as a buy due to strong demand for advanced packaging and robust AI investments, which justify its premium valuation [19]

Core View - Amkor expects first quarter GAAP EPS between 18 cents and 28 cents, exceeding the analyst estimate of 21 cents, with revenue projected between $1.6 billion and $1.7 billion, above the $1.53 billion estimate [1] Analyst View - Amkor delivered a beat-and-raise quarter, with most metrics exceeding consensus expectations [2] - The company guided FY26 CapEx to a record level, significantly above Street expectations, indicating management's confidence in long-term advanced packaging growth [2] - Following the earnings call, estimates for FY26 and FY27 were modestly increased [2] Revenue Growth Projections - Revenue is expected to rise by 11% in FY26 and 16% in FY27, driven by cyclical recovery and the ramp-up of 2.5D/HDFO technology, initially in Korea and later in Arizona [3] Technical Analysis - Amkor is trading above key moving averages, indicating a bullish trend, positioned 5.1% above its 20-day SMA, 13.9% above its 50-day SMA, and 73.6% above its 200-day SMA [4] - The RSI is at 61.22, suggesting a neutral but slightly bullish stance, indicating potential for upward movement [5] - Over the past 12 months, Amkor's stock has surged by 113.34%, reflecting strong investor interest and positive sentiment [5] Stock Performance - Amkor's stock is currently trading at 92.2% of its 52-week range, nearing recent highs, indicating a strong uptrend [6] - At the time of publication, Amkor shares were up 0.71% at $54.25, close to its 52-week high of $55.17 [6]

Summary of Conference Call on Taiwan Semiconductors and Companies WinWay and CHPT Industry Overview - The semiconductor industry is experiencing a paradigm shift where system performance is increasingly determined by interconnect density and power efficiency rather than just transistor scaling [2][12] - Advanced packaging has become a core architectural decision, moving from a backend consideration to a strategic bottleneck, creating a multi-year growth opportunity for interface leaders [2][12] Company Insights WinWay (Ticker: 6515.TW) - WinWay is recognized for its technical leadership in coaxial socket and hypersocket technologies, securing a position in the high-end AI GPU/ASIC supply chain [1][4] - The company is expected to benefit from the rising demand for advanced testing interfaces as AI chips evolve towards larger die sizes and higher thermal envelopes [1][4] - Target price set at NT$6,000 based on a 40x PE for 2027E, reflecting a projected earnings CAGR of 78% from 2025 to 2027 [4][21] - WinWay's dominance is attributed to its long-term partnerships with US AI GPU chipmakers and its strategic geographical proximity to Taiwan's semiconductor cluster [20][21] CHPT (Ticker: 6510.TWO) - CHPT is positioned to leverage its "All-in-House" integration capability to capture market share in the US AI GPU/ASIC testing process [1][4] - The company is expected to transition from a secondary supplier to a major supplier for next-gen AI CPU/GPU testing boards by 2026 [16][19] - Target price set at NT$5,000 based on a 40x PE for 2027E, with an estimated earnings CAGR of 102% from 2025 to 2027 [4][19] - CHPT has extended its technical edge into the high-value AI ASIC market and has entered the high-end burn-in board market [16][19] Key Market Dynamics - The transition to system-level testing (SLT) has become mandatory, creating a 4-5x volume multiplier for test sockets due to extended test durations [3][12] - The integration of advanced features such as 224G SerDes and 3,000W thermal envelopes is rendering traditional interfaces obsolete, favoring specialized companies like WinWay and CHPT [3][4] - The demand for high-performance test sockets is projected to grow at a CAGR of 6.1% from 2024 to 2029, with AI-specific sockets expected to outpace this growth [55][56] Financial Projections - WinWay's earnings for 2025-2027E are forecasted to grow at a CAGR of 78%, while CHPT's are expected to grow at 102% during the same period [4][19] - Both companies are positioned to capture significant value in the AI computing ecosystem due to their critical roles in the testing process [4][19] Risks and Considerations - Key risks for both companies include customer concentration and the potential for slow market expansion in system-level testing [21][19] - The evolving landscape of AI and HPC testing presents both opportunities and challenges, necessitating continuous innovation and adaptation [12][19] Conclusion - The semiconductor testing landscape is evolving rapidly, with WinWay and CHPT positioned as key beneficiaries of the AI supercycle. Their strategic advantages in testing interfaces and advanced packaging are expected to drive significant growth in the coming years [4][19][21]

Core Insights - Amkor Technology reported a full-year revenue of $6.7 billion, reflecting a 6% increase, with strong growth across computing, automotive, consumer, and stabilized communications markets [1][4][6] - The company achieved record revenue in computing and expects continued growth in 2026, particularly in advanced packaging and computing sectors [4][5][16] Financial Performance - For the fourth quarter, Amkor reported revenue of $1.89 billion and EPS of $0.69, exceeding guidance, with a year-over-year increase of 16% despite a sequential decline of 5% [3][6] - Gross profit for the quarter was $315 million, with a gross margin of 16.7%, including a one-time benefit of approximately $30 million from asset sales [2][6] - Full-year gross profit was $939 million, with a gross margin of 14%, and net income totaled $374 million, resulting in an EPS of $1.50 [7] 2026 Guidance and Strategy - Amkor guided Q1 2026 revenue to be between $1.6 billion and $1.7 billion, indicating a 25% year-over-year growth at the midpoint, with expected lower seasonal margins [5][12] - The company plans capital expenditures of $2.5 billion to $3.0 billion for 2026, focusing on facility expansion and advanced packaging capacity [14][15] - Strategic priorities include enhancing technology leadership, expanding geographic footprint, and investing in advanced packaging platforms critical for AI and high-performance computing [9][10][11] Market Outlook - The company anticipates strong growth in computing, expected to exceed 20%, along with continued growth in advanced automotive, while other segments are projected to grow in single digits [16][19] - Amkor is optimistic about demand in communications, particularly related to iOS, and expects a solid performance in Android markets [18] - In the automotive sector, while overall unit sales are flat, the semiconductor content per vehicle is increasing due to the shift towards hybrid and electric vehicles [19] Operational Developments - The Vietnam facility reached break-even in Q4, and construction of the Arizona campus is underway, with a focus on expanding advanced packaging capacity [8][11][20] - The company is prioritizing high-density fan-out (HDFO) and other advanced packaging technologies, with new programs expected to launch in 2026 [10][11]

Financial Data and Key Metrics Changes - Q4 2025 revenue was $1.89 billion, down 5% sequentially but up 16% year-on-year, with full year revenue growing 6% to $6.7 billion [12][14] - EPS for Q4 was $0.69, with net income of $172 million, and full year net income was $374 million, resulting in EPS of $1.50 [14][15] - Gross profit for Q4 was $315 million, with a gross margin of 16.7%, while full year gross profit was $939 million, with a gross margin of 14% [13][15] Business Line Data and Key Metrics Changes - Communications revenue grew 28% year-on-year in Q4, and 1% for the full year, driven by strong demand in iOS [12][14] - Computing revenue increased 6% year-on-year in Q4 and 16% for the full year, supported by AI-related PC devices [12][14] - Automotive and industrial revenue rose 25% year-on-year in Q4 and 8% for the full year, driven by advanced automotive content [12][14] - Consumer revenue declined 10% year-on-year in Q4 but grew 9% for the full year [12][14] Market Data and Key Metrics Changes - The computing segment is expected to grow over 20% in 2026, with strong contributions from AI and HPC [10][11] - Communications, computing, and automotive markets are projected to see strong year-on-year growth in Q1 2026 [16] - The automotive market is expected to remain flat in unit sales, but increased semiconductor content per vehicle is anticipated [40] Company Strategy and Development Direction - The company aims to elevate technology leadership, expand geographic footprint, and enhance strategic partnerships [8][10] - Focus on advanced packaging platforms, including HDFO and Flip Chip, critical for next-generation AI and HPC [9][10] - Construction of the Arizona campus is underway, with significant capital expenditures planned for facility expansion and advanced packaging capacity [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating market shifts and geopolitical challenges, emphasizing strong customer engagements [5][11] - The company anticipates a strong start to 2026, with revenue guidance for Q1 between $1.6 billion and $1.7 billion, reflecting a 25% year-on-year increase [16][17] - Management is monitoring export control and trade policies, which are factored into Q1 guidance [11] Other Important Information - Capital expenditures for 2026 are expected to increase to $2.5 billion-$3 billion, with a significant portion allocated for facility expansion [17] - The company held $2 billion in cash and short-term investments at year-end, with total liquidity of $3 billion, a 30% increase from the prior year [16] Q&A Session Summary Question: CapEx guidance and its implications - The CapEx projection includes 65%-70% for facilities, with significant spending on the Arizona project expected to peak in 2026 [19][21] - Customer commitments for HDFO projects are contributing to the high CapEx numbers [20][23] Question: Growth expectations in computing - Computing is expected to show 20% year-on-year growth, with data center HDFO programs anticipated to ramp significantly [27][29] Question: Margin outlook and impacts - Q1 margins are impacted by a one-time asset sale, but the company expects to achieve a 30% incremental flow-through for the full year [41][43] Question: Partnership with TSMC - The partnership with TSMC is ongoing, focusing on technology and manufacturing needs in the U.S., with increasing customer interest [49][51]