Camtek Smashes Records, AI Boom Fuels Growth

Camtek shatters records with Q4 and full-year revenues of $128M and $497M, respectively, marking a 9% and 16% increase. AI-related products drive half the business, with advanced packaging and image sensors contributing significantly. Guidance for Q1 2023 stands at $120M, with anticipated growth in the second half. New tools like Hawk and Eagle Gen five position Camtek as a leader in 3D metrology, with a strong market share and robust capacity. Cash reserves reach $851M, fueled by operational cash flows. Positive outlook for 2023, with AI surges expected in the second half. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cdac391211346626