Camtek CEO Rafi Amit Credit: Raanan Tal
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The Israeli company announced today that it has received orders worth over $25 million from a top-tier manufacturer specializing in high-bandwidth memory (HBM).
Israeli chip inspection equipment provider Kamtech CAMT (Nasdaq: CAMT; Tel Aviv: CAMT) today announced that it has received over $25 million in orders from a leading tier-one manufacturer specializing in high-bandwidth memory (HBM). The orders are for advanced HBM inspection and measurement systems, and are expected to be delivered in the second half of 2024 and early 2025.
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“These orders continue to build on our strong momentum for HBM applications, positioning Camtech very well as a leading provider of these applications and further improving our outlook for the coming quarters,” said Camtech CEO Ravi Amit.
Camtek’s stock price is currently 6.62% higher at $107.68, giving it a market cap of $4.9 billion.
This article was published in Globes, Israeli Business News – en.globes.co.il – on July 29, 2024.
© Copyright Globes Publisher Itonut (1983) Ltd., 2024.
Camtek CEO Rafi Amit Credit: Raanan Tal