Cohu receives $30 million in follow-on orders for HPC test equipment
Get Alerts COHU Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
Revenue Growth %: +17.9%
Join SI Premium – FREE
Cohu Inc. (NASDAQ: COHU) announced that two customers placed follow-on orders totaling $30 million for its Eclipse platform configured with active thermal control for testing next-generation high-performance computing processors.
The orders are expected to be delivered over the next couple of quarters, according to the company's statement. The Eclipse platform is designed for testing processors with increasing complexity, power density and thermal constraints.
One customer within these orders subscribed to Cohu's PAICe Prescriptive software analytics, representing a potential $330,000 in annual subscription fees. The software analyzes equipment signals and behavior patterns to predict issues before they affect production and provides repair recommendations to reduce troubleshooting time.
"These follow-on orders reinforce the strong customer momentum we are seeing for Eclipse, including continued demand projected in the second half of this year," said Luis Müller, Cohu President and CEO. "Additionally, other customers are qualifying the Eclipse for their processor test needs over the next couple of quarters."
Müller stated the company estimates delivering results toward the higher end of its $60 million to $85 million guidance for the high-performance computing segment in 2026.
Cohu supplies test, automation, inspection and metrology products, software analytics solutions and services to the semiconductor industry. The San Diego-based company was founded in 1947.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Keurig Dr Pepper coffee chief to depart ahead of planned split
- Microsoft (MSFT) Reiterated at Market Outperform by Citizens as Cowork Rollout Announced
- Western Union Co. (WU) Reiterated at Market Perform by Citizens amid Retail Decline
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share