Financial Data and Key Metrics Changes - In Q1 2025, total revenue was $405 million, a 24% increase year over year but a 3% decrease sequentially [14][15] - Gross margin was 37.9%, slightly down 10 basis points from the previous quarter but up 280 basis points year over year [16] - Earnings per share were $1.23, compared to $1.30 in the previous quarter and $0.58 a year ago [18] Business Line Data and Key Metrics Changes - Semiconductor revenue was $222 million, down 2% sequentially but up 23% year over year, driven by strong demand in AI-related leading-edge foundry logic and memory [15][16] - Data center computing revenue reached a record $96 million, up 9% sequentially and 30% year over year, with multiple new hyperscale programs ramping [15][16] - Industrial and medical revenue was $64 million, down 16% sequentially and 23% year over year, primarily due to ongoing inventory destocking [15][16] - Telecom and networking revenue declined 5% sequentially and 2% year over year to $22 million, in line with expectations [15] Market Data and Key Metrics Changes - The semiconductor market is expected to grow around 10% for the year, supported by initial production ramps of new products [22][23] - Industrial and medical revenue is anticipated to recover in Q2, although the pace may be tempered by economic uncertainty and tariffs [23] - Data center revenue is expected to grow in Q2 and into the second half of the year, driven by high demand for AI data centers [7][22] Company Strategy and Development Direction - The company is focused on delivering value through superior technology, in-house manufacturing, and best-in-class service, with heavy investments in R&D and new product capabilities [2][11] - The closure of the last China factory is expected to drive further gross margin improvement in the second half of the year [3][25] - The company aims to maintain new product momentum and complete its factory consolidation plan while exploring inorganic growth opportunities [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the revenue outlook for Q2, supported by solid customer demand in data center and semiconductor markets [3][20] - Despite macroeconomic uncertainties, the company believes it is well-positioned to mitigate tariff impacts and maintain gross and operating margin targets [21][25] - The company anticipates continued strong demand for new products, particularly in data center and semiconductor sectors [11][20] Other Important Information - The company repurchased $22.7 million worth of common stock in April at an average price of $83.78 per share [14] - Inventory increased by $8 million, with inventory days rising from 126 to 132 [19] - The company expects Q2 gross margin to be around 38%, with operating expenses projected to increase to $99 million to $101 million [23][24] Q&A Session Summary Question: What is the underlying view for the semiconductor equipment market? - Management believes the market is expected to be flat, with a projected growth of 10% for the company, driven by strong demand in leading-edge processes and new products [28][30] Question: Are there any risks of delays in the rollout of new systems? - Management indicated that while there are challenges, there is a high degree of urgency from customers to incorporate new solutions due to issues with older technology [54][56] Question: What steps are being taken to improve the industrial and medical business? - Management noted that the industrial medical segment has been challenging, but they are optimistic about long-term growth due to a strong design win pipeline and potential acquisitions [41][45] Question: How is the company positioned regarding tariffs? - Management stated that the company is relatively well-positioned to mitigate tariff impacts, with most products compliant with USMCA and a favorable manufacturing footprint [4][34] Question: What is the margin profile of the backlog? - Management indicated that while the backlog is not particularly meaningful, they expect higher margins from new products and improved product mix [70][71]

FormFactor (FORM) Q1 2025 Earnings Call April 30, 2025 04:25 PM ET Speaker0 and welcome everyone to FormFactor's First Quarter twenty twenty five Earnings Conference Call. On today's call are Chief Executive Officer, Mike Slescher and Chief Financial Officer, Shay Shahar. Before we begin, Stan Finkelstein, the company's VP of Investor Relations will remind you of some important information. Speaker1 Thank you. Today, the company will be discussing GAAP P and L results and some important non GAAP results int ...

Total revenues were $3.06 billion, above the midpoint of the guidance range of $3.0 billion +/- $150 million; GAAP diluted EPS was $8.16 and non-GAAP diluted EPS was $8.41, both above the midpoints of the respective guidance ranges; Cash flow from operating activities for the quarter and last nine months were $1.07 billion and $2.92 billion, respectively, and free cash flow was $990.0 million and $2.68 billion, respectively; Capital returns for the quarter and last nine months were $732.5 million and $2.37 ...

Core Viewpoint - Nanjing Jingsheng Equipment Co., Ltd. (stock code: 688478) reported a revenue of 425 million yuan for 2024, a year-on-year increase of 4.78%, while net profit attributable to shareholders decreased by 24.32% to 53.74 million yuan due to industry cycle fluctuations and increased R&D investments [1][2]. Group 1: Financial Performance - The company achieved a revenue of 425 million yuan in 2024, reflecting a growth of 4.78% compared to the previous year [1]. - The net profit attributable to shareholders was 53.74 million yuan, representing a decline of 24.32% year-on-year [1]. Group 2: R&D Investment - R&D expenses reached 44.25 million yuan in 2024, marking a 16.39% increase from the previous year, accounting for 10.41% of total revenue [2]. - The focus of R&D funding is on optimizing the processes for large-size silicon carbide equipment and semiconductor-grade single crystal silicon furnaces, preparing for the next industry recovery [2]. Group 3: Product Offering and Market Position - The company provides customized products such as semiconductor-grade single crystal silicon furnaces and silicon carbide single crystal furnaces, which are core products contributing significantly to revenue [1]. - Jingsheng Equipment is one of the few companies in China to achieve mass production of 8-inch silicon carbide single crystal furnaces, with significant revenue growth in this segment [2]. - The SCMP series single crystal furnaces have been successfully supplied in batches, ensuring equipment support for the transition to larger size silicon carbide substrates over the next 3 to 5 years [2].

智通财经4月30日电，东京电子表示，计划投入3000亿日元研发资金以实现未来最大程度增长。 ...

Almere, The NetherlandsApril 29, 2025, 6:00 p.m. CET ASM International N.V. (Euronext Amsterdam: ASM) today announces that it will start a share buyback program of ASM’s common shares of €150 million. This program follows on ASM's announcement on February 25, 2025, that the Management Board authorized a share buyback program for up to €150 million. The program commences on April 30, 2025, and is to end as soon as the aggregate purchase price of the common shares acquired by ASM has reached €150 million, bu ...

Financial Performance - ASM International reported Q1 2025 results with new orders of €834 million, a 14% increase year-on-year at constant currencies, and a 20% increase as reported, driven by strong GAA 2nm orders and contributions from the Chinese market [1][3] - Revenue for Q1 2025 reached €839 million, reflecting a 26% increase at constant currencies and a 31% increase as reported, surpassing the guidance midpoint of €810-850 million [1][2] - Gross profit margin improved to 53.4%, up from 52.9% in Q1 2024 and 50.3% in Q4 2024, attributed to a favorable product and customer mix [1][4] - Adjusted operating result margin increased to 32.3%, a rise of 2.3 percentage points year-on-year and 4.2 percentage points quarter-on-quarter, due to higher gross profit margins and reduced operating expenses [1][4] Market Conditions - Demand in AI-related segments, particularly in leading-edge logic/foundry and DRAM HBM memory, remained strong, while other market segments were sluggish [3][4] - The cash position improved to over €1.1 billion, supported by robust free cash flow of €264 million [3] Outlook - For 2025, ASM expects sales to grow by a double-digit percentage range of 10-20% year-on-year at constant currencies, outpacing the WFE market, which is forecasted to grow slightly [5] - Q2 2025 sales are anticipated to increase by 1% to 6% compared to Q1, indicating continued double-digit year-on-year growth [6] - The company remains confident in strong GAA sales for 2025, with healthy memory sales expected, although lower than the strong levels seen in 2024 [7][8] Corporate Actions - ASM announced a regular dividend proposal of €3.00 per common share at the upcoming Annual General Meeting scheduled for May 12, 2025 [9] - A new share repurchase program of up to €150 million for the 2025/2026 period was authorized, set to commence on April 30, 2025 [10]

The Company's adapters will be used to support its premier automated programming systems known globally for speed, flexibility and fast changeover to handle any job at the lowest total cost of ownership. The adapters serve as a physical interface between the Company's automated programming systems, such as the market leading PSV family, and a growing array of semiconductor devices, including microcontrollers, flash memory, and programmable logic devices. The Company continues to expand its library of algori ...

Veeco (NASDAQ: VECO) is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, single wafer etch & clean, lithography, and metal organic chemical vapor deposition (MOCVD) technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve. To learn more about Veeco's systems and service offerin ...

半导体设备位于半导体产业链最上游，其技术水平直接决定芯片制造的工艺能力与良率水平。近年来， 科创板半导体设备公司坚持研发驱动发展，在多个领域实现核心技术与产业化能力的双提升。 其中，在前道制程领域，中微公司、拓荆科技、盛美上海等细分龙头面向刻蚀、薄膜、清洗环节布局， 代表国内细分领域的技术最前沿水平；华海清科、芯源微、中科飞测等公司着力补强离子注入、涂胶显 影、量检测设备等产业链"卡脖子"环节。后道制程领域，华峰测控、芯碁微装分别在半导体测试设备、 微纳直写光刻设备领域积累技术优势，持续扩大量产规模。 业绩说明会上，多家公司表示，正在积极提高核心零部件国产化率，提高应对国际竞争和技术封锁的能 力。华峰测控总经理蔡琳表示，"公司的供应链国产化战略已实施多年，绝大多数的零部件均已国产 化，少数需要进口的零部件均备有安全库存，足以满足公司的产能规划和客户需求。"深科达董事长黄 奕宏也表示，"随着近几年公司产品的不断升级，公司在技术研发、零部件自主化、市场拓展等方面均 取得了显著进展。" 转自：新华财经 新华财经上海4月29日电（记者杜康）作为"科创热点行业周"的首场业绩说明会，2024年科创板半导体 设备专场集体业 ...