Management remarks
Call period: 2026 Q3 · 2026-08-13
Guidance: Brice A. Hill: Within this outlook, we expect Semiconductor Systems revenue of around $7.9 billion up 62% year over year AGS revenue of about $1.84 billion up 22% year-over-year and other revenue of around $510 million composed primarily of display revenue.Demand and orders: Gary E. Dickerson: As 2026 has progressed, customers have found new ways to address clean room space constraints and significantly increase their demand for tool deliveries.Margins: Brice A. Hill: Non GAAP gross margin increased to 50.4%, up 40 basis points sequentially and 150 basis points year over year.Analyst Q&A
Analyst Srini Pajjuri asked: Gary, a couple of questions on the technology front. You talked about panel level packaging. I am just curious as to when do you see panel level packaging becoming mainstream And, you know, compared to your current position in advanced packaging, what sort of opportunities do you see in that market? Management Gary E. Dickerson answered: So as I talked about earlier on the call, packaging is 1 of the most important areas in the industry relative to improving AI compute performance and power. Multichip connectivity, how you move the data, huge focus for all of our existing customers and new customers that are innovating with new architectures. So over 70% growth this year. We have by far and away, the strongest portfolio of technologies.管理层陈述
电话会期间：2026 Q3 · 2026-08-13
指引：布莱斯·A·希尔：在此展望中，我们预计半导体系统收入约79亿美元，同比增长62%；应用全球服务（AGS）收入约18.4亿美元，同比增长22%；其他收入约5.1亿美元，主要来自显示业务。需求与订单：加里·E·迪克森：随着2026年的推进，客户找到了应对洁净室空间限制的新方法，并大幅提升了对工具交付的需求。利润率：布莱斯·A·希尔：非GAAP毛利率升至50.4%，环比上升40个基点，同比上升150个基点。分析师问答
分析师Srini Pajjuri问道：“加里，有几个技术层面的问题。你提到了面板级封装，我想知道面板级封装何时会成为主流？与你目前在先进封装领域的地位相比，该市场有哪些机遇？” 管理层成员Gary E. Dickerson回应道：“正如我在本次电话会议早前提到的，封装是行业内提升人工智能计算性能和功耗的最重要领域之一。多芯片互连、数据传输方式，是我们所有现有客户和创新新架构的新客户的核心关注点。今年该业务实现了超过70%的增长，我们拥有业内最强大的技术产品组合。”This earnings-call research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报电话会研究基于公司公告、监管文件、财务报表，以及真实电话会文字稿或官方回放整理。内容仅供参考，不构成投资建议。
