Reported about 19 hours ago
FormFactor Inc. (NASDAQ:FORM) is experiencing a surge in demand for its semiconductor testing products as it anticipates significant revenue growth and enhanced profit margins in the coming years. With a recent acquisition of a manufacturing site in Texas, the company aims to meet rising test intensity driven by advanced packaging technologies. Analyst Christian Schwab from Craig-Hallum maintains a bullish stance on the stock despite preferences for other AI investments, recognizing FormFactor's strong fundamentals with $764 million in revenue and plans to reach $850 million.
Source: YAHOO