FormFactor Inc
F:FMF
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
F
|
FormFactor Inc
F:FMF
|
US |
|
Aviva PLC
F:GU8
|
UK |
|
F
|
FIH Mobile Ltd
OTC:FXCXD
|
TW |
|
E
|
Element Solutions Inc
SWB:PLQ
|
US |
|
C
|
Canadian Natural Resources Ltd
NYSE:CNQ
|
CA |
|
W
|
W W Grainger Inc
LSE:0IZI
|
US |
|
Toppan Inc
F:TPX
|
JP |
|
I
|
InterContinental Hotels Group PLC
NYSE:IHG
|
UK |
|
Harmony Gold Mining Company Ltd
LSE:0J39
|
ZA |
|
T
|
Tapestry Inc
DUS:COY
|
US |
|
El Pollo Loco Holdings Inc
NASDAQ:LOCO
|
US |
|
Clear Channel Outdoor Holdings Inc
NYSE:CCO
|
US |
|
H
|
Hermes International SCA
XBER:HMI
|
FR |
|
A
|
argenx SE
LSE:0QW0
|
NL |
|
W
|
Wheaton Precious Metals Corp
F:SII
|
CA |
|
A
|
Altria Group Inc
LSE:0R31
|
US |
|
Seven & i Holdings Co Ltd
F:S6M
|
JP |
|
China Shenhua Energy Co Ltd
OTC:CUAEF
|
CN |
|
S
|
Suncor Energy Inc
XBER:SM3
|
CA |
|
Travel + Leisure Co
LSE:0M1K
|
US |
FormFactor Inc
FormFactor makes the tools chipmakers use to test silicon wafers before they are turned into finished chips. Its main products are probe cards, which are precision interfaces that touch tiny contact points on a wafer and help identify defects or verify performance. The company also sells test and measurement systems used to inspect memory chips, logic chips, and other advanced semiconductors during development and production. Its customers are semiconductor manufacturers, chip designers, and outsourced test and assembly companies that need reliable wafer-level testing. FormFactor makes money by selling this equipment, and in some cases by servicing, supporting, and upgrading it over time. Because chipmakers must test more complex wafers with ever-smaller features, the company sits in an important niche between chip design and final chip packaging. What makes FormFactor different is that its products must work at extremely fine precision and often need to be customized for specific chip types and manufacturing processes. That gives it a technical role in the semiconductor supply chain rather than a mass-market hardware role. In simple terms, FormFactor helps determine whether a chip is good enough to move forward before the expensive final steps of production.
FormFactor makes the tools chipmakers use to test silicon wafers before they are turned into finished chips. Its main products are probe cards, which are precision interfaces that touch tiny contact points on a wafer and help identify defects or verify performance. The company also sells test and measurement systems used to inspect memory chips, logic chips, and other advanced semiconductors during development and production.
Its customers are semiconductor manufacturers, chip designers, and outsourced test and assembly companies that need reliable wafer-level testing. FormFactor makes money by selling this equipment, and in some cases by servicing, supporting, and upgrading it over time. Because chipmakers must test more complex wafers with ever-smaller features, the company sits in an important niche between chip design and final chip packaging.
What makes FormFactor different is that its products must work at extremely fine precision and often need to be customized for specific chip types and manufacturing processes. That gives it a technical role in the semiconductor supply chain rather than a mass-market hardware role. In simple terms, FormFactor helps determine whether a chip is good enough to move forward before the expensive final steps of production.
Record quarter: FormFactor said first-quarter revenue rose sequentially to another all-time record, with gross margin and EPS both coming in well above the high end of guidance.
Margins improved: Management said gross margin gains were driven mainly by better manufacturing execution, higher yields, lower unit costs, and some tariff relief, not by pricing.
Demand strong: HBM probe cards, networking, and data center CPU demand all strengthened, while the company also saw continued traction in CPO and custom ASICs.
Outlook raised: Second-quarter revenue guidance is $240 million, plus or minus $5 million, with non-GAAP gross margin expected at 49.5%, plus or minus 150 basis points.
Capacity limits: Near-term growth is still constrained by the current manufacturing footprint, with Farmers Branch expected to start production at the end of 2026 and ramp through 2027.
Investor Day ahead: Management said it will unveil a new target model and longer-term strategy at Investor Day on May 11.