Besi's AI-Driven Rebound: Chip Equipment Sales Surge

Chip equipment supplier BE Semiconductor Industries forecasts a sales surge fueled by AI demand! After a disappointing third quarter, Besi anticipates a 15-25% revenue jump in Q4, driven by increased orders from Asian subcontractors supporting data centers and AI applications. Strong demand for their hybrid bonding tool and steady gross margins signal a potential turnaround for Besi and the chip equipment sector.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.