Camtek Wins New Orders for 46 Systems for High Bandwidth Memory (HBM), Critical for AI, Gaming, Data Centers
Portfolio Pulse from Benzinga Newsdesk
Camtek Ltd. (NASDAQ:CAMT) has announced that it has received orders for an additional 46 systems from several tier-1 High Bandwidth Memory (HBM) manufacturers since its last press release on August 29, 2023. The systems, which are critical for high performance computing in AI, gaming, and data centers, are expected to be delivered in 2024.
September 12, 2023 | 11:18 am
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Camtek's new orders for 46 systems from tier-1 HBM manufacturers could potentially boost its revenues and profitability in 2024.
The new orders for 46 systems from tier-1 HBM manufacturers represent a significant business opportunity for Camtek. This could potentially lead to increased revenues and profitability in 2024 when the systems are expected to be delivered. Therefore, this news is likely to have a positive impact on Camtek's stock price in the short term.
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IMPORTANCE 80
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