Besi Sees Increased Q4 Sales Fueled by Strong AI Orders

Reported about 8 hours ago

Besi, a leading semiconductor equipment supplier, anticipates a rise in fourth-quarter sales driven by robust demand for AI-related data center applications. The company expects revenue to grow between 15% and 25% in Q4, following a decline in Q3, despite challenges in mainstream assembly markets. Following a completed share buyback, Besi also plans a new €60 million program to further enhance shareholder value.

Source: YAHOO

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