Besi Semiconductor Industries met second-quarter guidance and expects a significant increase in orders for the second half due to AI infrastructure spending and advanced packaging demand. Samsung confirms the use of hybrid bonding in its 16-layer HBM4E DRAM, signaling the technology’s growth. Besi’s TCB Next tools are in high demand, supporting future growth.

Revenue and EPS for Besi are expected to increase significantly between 2026 and 2028, with EPS potentially doubling to EUR 5.5 in 2028. Besi remains a top pick in the semiconductor equipment space with strong gross margins above 60% and a focused product portfolio. Orders are a key indicator to watch for future growth.

Overall, Besi Semiconductor Industries is poised for multiyear growth, with a strong product portfolio and execution. The company’s forward-looking commentary and positive outlook have led to a 5% increase in shares. Morningstar reiterates a fair value estimate of EUR 142 for Besi, highlighting its potential for future growth and success in the semiconductor industry.

Read more at Morningstar: Quiet Quarter, but Loud Outlook; Order Book Ramping Up