Reported 1 day ago
Amtech Systems, Inc. (NASDAQ:ASYS) reported disappointing Q2 fiscal 2025 earnings, falling short of revenue and adjusted EBITDA expectations due to shipment delays and ongoing downturns in capital equipment for semiconductor customers. However, the company is witnessing strong demand for its advanced packaging equipment aimed at AI applications, with bookings surpassing those of the entire previous fiscal year. This growing demand is attributed to significant investments in AI infrastructure.
Source: YAHOO