MIGDAL HAEMEK, Israel - Camtek Ltd . (NASDAQ: NASDAQ:CAMT) (TASE: CAMT), a provider of inspection and metrology solutions for the semiconductor industry, announced today that it has received an order worth about $25 million from a leading High Bandwidth (NASDAQ:BAND) Memory (HBM) manufacturer. The order is for the inspection and metrology of HBM, a critical component in high-performance computing (HPC) applications.
The delivery of most systems ordered is scheduled for the second half of 2024. HBM technology is anticipated to experience a compound annual growth rate (CAGR) of 25% in the upcoming years, indicating a robust market expansion.
Camtek's CEO, Rafi Amit, stated, "I am pleased with this order that continues the momentum of orders for HBM from the second half of 2023. Camtek systems continue to be the tool of choice by major manufacturers supporting the increased demand of HBM. This order improves our visibility for the second half of 2024."
The company, with manufacturing facilities in Israel and Germany and a global presence through eight offices, specializes in the production of high-end inspection and metrology equipment. Its systems are used to inspect and measure integrated circuit (IC) features on wafers at various stages of the semiconductor device production process.
The semiconductor segments served by Camtek include Advanced Interconnect Packaging (NYSE:PKG), Heterogenous Integration, Memory and HBM, CMOS Image Sensors, Compound Semiconductors, MEMS, and RF. The company's client base comprises leading global Integrated Device Manufacturers (IDMs), Outsourced Semiconductor Assembly and Test (OSAT) companies, and foundries.
This announcement is based on a press release statement and contains forward-looking statements regarding the expected delivery timeline and the potential growth of HBM technology. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
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