Cohu announced a second multi‑unit order for its Eclipse test‑handler platform from a leading U.S. semiconductor manufacturer, reinforcing its foothold in the high‑performance computing (HPC) and artificial intelligence (AI) markets.
The Eclipse platform is engineered to support next‑generation HPC and AI datacenter processors, handling high power density and active thermal control. The new order expands Cohu’s presence in these high‑growth segments and signals strong demand for advanced test solutions.
This order is the second customer to adopt the Eclipse platform, indicating repeat endorsement and validating the technology. The multi‑unit nature of the order suggests a substantial commitment that will likely generate recurring revenue and support Cohu’s broader strategy to diversify beyond its traditional test‑handler niche.
Luis Müller, Cohu President and CEO, said, "Together these orders underscore the increasing importance of scalable, thermally precise test architectures as AI and HPC processors continue to push the limits of power density and performance. We are increasingly confident in the success of the Eclipse platform and estimate Cohu can deliver revenue toward the upper end of our internal projection of approximately $65 million to $80 million from the HPC segment this year."
The order strengthens confidence in Cohu’s 2026 HPC revenue outlook, which the company projects to be in the upper end of $65 million to $80 million. While a specific $40 million AI‑related system revenue target for 2025 is not confirmed, the order supports the company’s focus on AI and HPC growth.
Cohu’s revenue trajectory—$94.1 million in Q4 2024, $401.8 million for full‑year 2024, and $96.8 million in Q1 2025—provides context for the momentum generated by the new order and aligns with the company’s strategy to capture higher‑margin AI and HPC segments.
Analysts raised price targets and maintained buy ratings, citing the order as a key driver of confidence in Cohu’s AI and HPC strategy.
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