Cohu Inc Announces New Orders For Its Neon Inspection Platform From A Major U.S. Memory And Data Storage Customer And Raised Its 2025 HBM Revenue Estimate To $10–$11M

Cohu, Inc. (NASDAQ:COHU), a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity, today announced additional orders for its Neon platform from a leading U.S.-based customer specializing in memory and data storage technologies. These systems will be used for inspection and metrology of high bandwidth memory (HBM) devices, which are critical components in high-performance computing (HPC) and generative artificial intelligence (AI) applications.

The Neon platform features an advanced and efficient vision system capable of full 6-sided optical inspection, along with accurate and reliable metrology of thousands of micro-pillars across each HBM device. Neon is architected to integrate seamlessly with factory automation and supports an efficient output sorting process, addressing both current and future HBM market requirements. Complementing this hardware, Cohu's proprietary AI inspection software leverages deep learning and neural network-based pattern recognition to deliver industry-leading throughput and inspection yield – ultimately reducing customers' total cost of ownership.

The HBM market is expected to reach approximately $23 billion this year, with a projected compound annual growth rate (CAGR) of 28% through 2030, representing an opportunity for more than $100 million revenue for this class of inspection metrology systems.

"We are pleased to have shipped our first system configured for HBM4 inspection, supporting the ramp-up of next-generation AI accelerators expected in 2026" commented Luis Müller, Cohu President and CEO. "As we continue to support both HBM3E and HBM4, we are raising our HBM revenue estimate to $10-$11 million for this year. We are optimistic about our HBM market prospects for 2026 and beyond, as secular growth in artificial intelligence continues to accelerate."