Besi's quarterly orders beat expectations as AI data centre demand stays strong

What happened: BE Semiconductor Industries reported third-quarter orders that beat analyst expectations, with demand for its chip-packaging equipment tied to AI data centres remaining strong. Key numbers: Order intake was €342.6 million ($385.2 million), up 17 per cent from the second Why it matters: CEO Richard Blickman said favorable order momentum in the first nine months should continue in Q4-26 as the multi year AI capacity build-out progresses. Besi shares have fallen sharply in recent months on worries chipmakers will be slower than expected to adopt its hybrid bonding technology.

BE Semiconductor Industries reported third-quarter orders that beat analyst expectations, with demand for its chip-packaging equipment tied to AI data centres remaining strong.

CEO Richard Blickman said favorable order momentum in the first nine months should continue in Q4-26 as the multi year AI capacity build-out progresses. Besi shares have fallen sharply in recent months on worries chipmakers will be slower than expected to adopt its hybrid bonding technology.