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Cohu Shares Rise 6% After Third-Quarter Revenue Reaches $173 Million

Revenue increased 37%, and the company cited demand for thermal testing systems in its upbeat high-performance computing revenue outlook.

A silicon wafer sits inside a semiconductor thermal testing chamber / TokenPost.ai
A silicon wafer sits inside a semiconductor thermal testing chamber / TokenPost.ai

Cohu Inc. shares rose 6% after the semiconductor test equipment maker reported third-quarter revenue of $173 million and an upbeat outlook for high-performance computing revenue.

Revenue increased 37%. Cohu also pointed to growing demand for its thermal testing systems in discussing its high-performance computing revenue outlook.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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