Core Insights - Alchip Technologies reported year-over-year growth in net income and gross profit for Q1 2025, despite a slight decline in revenue [1][2] Financial Performance - Q1 2025 revenue was 333.6 million in Q1 2024 and down 21.1% from 44.4 million, an increase of 13.9% from 56.9 million in Q4 2024 [2] - Gross profit for Q1 2025 reached 62.7 million in Q1 2024, but down 13.8% from $85.6 million in Q4 2024 [2] Revenue Breakdown - North America accounted for 93% of Q1 2025 revenue, up from 77% in the same quarter a year prior; Asia Pacific contributed 5%, and Japan accounted for 2% [3][10] - 5nm and more advanced geometry designs made up 41% of Q1 2025 revenue, while 7nm designs accounted for 55%; designs at 12nm and larger accounted for the remaining 4% [4] Technology and Market Outlook - The company has a strong North American NRE pipeline and has taped out its first 3nm AI accelerator project, with mass production expected in early 2026 [5] - Anticipated strong demand for high-performance computing NRE projects, particularly in North America, where the HPC field remains robust [5] Company Overview - Alchip Technologies, founded in 2003 and headquartered in Taipei, Taiwan, is a leading global provider of high-performance computing and AI infrastructure ASICs, known for its advanced packaging technology and flexible business model [7]
Alchip Technologies Reports 2025 FIRST QUARTER Financial Results
GlobeNewswire·2025-05-22 07:00