Cohu Inc Stock Price, News & Analysis

Cohu (NASDAQ: COHU) has announced the pricing of $260.0 million of 1.50% convertible senior notes due 2031, an increase from the previously announced $200.0 million. The notes will mature on January 15, 2031, with an initial conversion rate of 36.7975 shares per $1,000 principal amount, representing a conversion price of approximately $27.1758 per share.

The company has also entered into capped call transactions to reduce potential dilution, with a cap price of $41.02 per share, representing a 100% premium above the reference price. The notes will bear interest at 1.50% per year, payable semi-annually. Cohu intends to use approximately $28.4 million of the net proceeds for the capped call transactions and the remainder for general corporate purposes.

Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment supplier, has announced plans to offer $200 million in convertible senior notes due 2031 through a private offering to qualified institutional buyers. The company also plans to grant initial purchasers an option for an additional $30 million in notes.

The notes will be convertible into cash, common stock, or a combination thereof. Cohu will enter into capped call transactions to reduce potential dilution and offset cash payments above the principal amount. The proceeds will be used to fund these capped call transactions and for general corporate purposes.

The notes will mature on January 15, 2031, with conversion options available under certain conditions before October 15, 2030, and freely convertible thereafter until maturity. The specific interest rate and conversion terms will be determined during pricing.

Cohu (NASDAQ: COHU) announced that its Eclipse platform has been selected by a leading U.S.-based semiconductor manufacturer for testing next-generation processor devices. The platform features Cohu's proprietary T-Core Active Thermal Control (ATC) solution, which optimizes yield through precise thermal management of high-performance computing processors.

The Eclipse platform's key capabilities include scalability across power applications and the T-Core thermal solution delivering up to 3kW power dissipation with ultra-fast temperature ramp rates. This technology supports various customer configurations while reducing total cost of ownership.

Cohu (NASDAQ: COHU), a semiconductor manufacturing equipment and services provider, has announced its participation in the upcoming 17th Annual CEO Investor Summit. The event will be held in-person on October 7, 2025, at the Arrogant Butcher in Phoenix, Arizona.

The company will make its presentation materials available to investors through its website at www.cohu.com on the investor relations page.

Cohu (NASDAQ: COHU) has secured additional orders for its Neon platform from a leading U.S. memory and data storage customer. The platform will be used for inspection and metrology of high bandwidth memory (HBM) devices crucial for HPC and AI applications.

The company has raised its HBM revenue forecast to $10-$11 million for 2025. The HBM market is projected to reach $23 billion this year with a 28% CAGR through 2030, presenting a potential $100+ million revenue opportunity for inspection metrology systems. Cohu has already shipped its first system for HBM4 inspection, supporting next-generation AI accelerators expected in 2026.

Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment and services provider, has announced its participation in four upcoming investor conferences in August and September 2025.

The company will attend the Needham Virtual Semiconductor Conference (August 20), Semiconductor, IT Hardware & Communications Technology Conference (August 26), Evercore Semiconductor Conference (August 27), and Citi's Global TMT Conference (September 5). Presentation materials will be available on Cohu's investor relations website.

Cohu (NASDAQ: COHU) reported its Q2 2025 financial results with net sales of $107.7 million, of which approximately 63% was recurring revenue. The company posted a GAAP loss of $16.9 million ($0.36 per share) but achieved non-GAAP income of $0.7 million ($0.02 per share).

Key highlights include a 3-point increase in test cell utilization to 75% quarter-over-quarter and securing a significant $28 million design-win order for Mobile and Automotive test, with deliveries scheduled through Q4'25. The company's total cash and investments grew by $8.6 million to $209.4 million.

Looking ahead, Cohu projects Q3 2025 sales to be in the range of $125 million ±$7 million.

Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment and services provider, has scheduled its second quarter 2025 financial results announcement for July 31, 2025. The results will be released at 1:00 p.m. Pacific Time/4:00 p.m. Eastern Time.

The company will host a conference call and webcast with presentation materials at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time. Investors can access the webcast through Cohu's investor relations website, while those wishing to participate via telephone must register in advance to receive dial-in details. The webcast replay will remain available until July 31, 2026.

Cohu (NASDAQ: COHU), a global semiconductor manufacturing equipment and services provider, has announced its participation in four upcoming investor conferences in May and June 2025:

• B. Riley Securities Conference - May 21 in Marina Del Rey, CA
• TD Cowen Technology Conference - May 28 in New York, NY
• Stifel Cross Sector Conference - June 3 in Boston, MA
• Baird Global Consumer Conference - June 4 in New York, NY

Presentation materials will be available on Cohu's investor relations website. Interested investors should contact their banking representatives to schedule meetings.