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Formfactor Inc - FORM STOCK NEWS

Welcome to our dedicated page for Formfactor news (Ticker: FORM), a resource for investors and traders seeking the latest updates and insights on Formfactor stock.

Overview of FormFactor Inc

FormFactor Inc (NASDAQ: FORM) is a specialist in semiconductor test and measurement technologies, focusing on the entire integrated circuit (IC) lifecycle. The company offers a broad suite of products and services designed to facilitate probe cards, analytical probes, probe stations, and thermal subsystems that are indispensable for characterization, modeling, reliability analysis, design de-bug, qualification, and production testing. With a global network of facilities across Asia, Europe, and North America, FormFactor has established a robust presence that supports semiconductor manufacturers in enhancing device performance and optimizing yield knowledge.

Core Business Segments and Offerings

The business is strategically segmented into two primary areas: the Probe Cards Segment and the Systems Segment. The Probe Cards Segment, which is central to its revenue generation, encompasses the design, development, and sales of probe cards and analytical probes. These are critical components used during the testing phases of semiconductor fabrication, ensuring that devices perform reliably under multiple conditions. The Systems Segment incorporates probe stations and thermal sub-systems that offer comprehensive testing solutions and rapid measurement capabilities, making these products essential tools in the optimization of semiconductor production processes.

Technological Leadership and Innovation

FormFactor has built a reputation through its commitment to technological innovation, addressing the complexities of semiconductor production with precision and expertise. The company’s solutions are designed to adapt to various testing needs, from early-stage development to full-scale production. Industry-specific innovations include the integration of high-density cryogenic cabling for quantum systems and advanced optical measurement capabilities that combine traditional electrical testing with state-of-the-art photonic analysis. By leveraging expertise in calibration, motion technology, and rapid optical alignment, FormFactor underscores its role in driving efficient, reliable, and scalable test methodologies.

Global Presence and Market Penetration

Operating through a worldwide network, FormFactor serves semiconductor manufacturers across diverse geographical markets. Its extensive facility network not only augments local support but also provides tailored solutions that resonate with the unique market conditions in Asia, Europe, and North America. This strategic global presence ensures that FormFactor remains responsive to regional trends and demand fluctuations in the semiconductor industry while consistently upholding its reputation for reliability and performance.

Competitive Landscape and Differentiators

Within a competitive terrain that includes several major players in the semiconductor testing arena, FormFactor differentiates itself through a clear focus on end-to-end testing solutions. Its product portfolio, which covers everything from initial characterization and design de-bug to production testing, provides comprehensive support throughout the semiconductor lifecycle. This integrated approach not only enhances the precision and efficiency of testing processes but also enables customers to accelerate profitability by optimizing device performance. Furthermore, the company’s sustained investment in advanced measurement techniques and its alignment with emerging areas such as quantum computing and silicon photonics demonstrate a commitment to staying at the forefront of technological evolution.

Advanced Test Solutions and Industry Integration

FormFactor’s test systems are engineered to accommodate the evolving demands of semiconductor manufacturing. Their solutions, including advanced probe stations and thermal sub-systems, enable manufacturers to conduct high-precision evaluations of device performance under various operational conditions. The incorporation of optical and electrical testing methods allows for seamless transition between different analytical requirements, significantly reducing downtime during production cycles. This multifaceted approach enhances operational efficiency by ensuring that every stage of the IC lifecycle—from early development to mass production—is supported with accurate, reliable measurements.

Expertise and Analytical Insights

What sets FormFactor apart is its deep industry expertise and the trust it has built among its global clientele. The rigorous methodologies utilized for characterizing and qualifying semiconductors are a testament to the company’s commitment to quality and technological rigor. The use of advanced instrumentation and precisely engineered test solutions has made FormFactor a preferred partner for semiconductor companies seeking to improve production yields and optimize design performance. Such emphasis on measurement accuracy and process efficiency not only validates the company's strategic positioning but also underscores its role as a knowledge leader in the semiconductor testing domain.

Market Position and Strategic Advantages

FormFactor’s sustained focus on comprehensive test and measurement solutions has positioned it as a reliable resource within the semiconductor industry. Its robust portfolio, technological innovations, and emphasis on quality and accuracy give it a distinct advantage in capturing market share and supporting high-value semiconductor applications. Moreover, its adaptability to shifting industry needs and the integration of disruptive technologies such as high-density cryogenic cabling illustrate a forward-thinking approach rooted in practical expertise and extensive market research.

Operational Excellence and Customer Focus

Customers from a variety of semiconductor manufacturing niches rely on the precision and dependability of FormFactor’s solutions. The company’s products and services are anchored in a deep understanding of the semiconductor production process, which facilitates tailored, reliable testing protocols that directly contribute to improved production yields and enhanced product performance. This operational excellence is achieved through continuous innovation and dedication to developing solutions that not only meet but exceed industry standards, fostering long-term relationships based on trust and mutual success.

Integration with Advanced Technologies

In response to the accelerating pace of technological advancements, FormFactor has incorporated advanced features into its product lineup. The collaboration with partners in the fields of optics and quantum computing has resulted in systems that support high channel densities and precise, rapid measurements. These enhancements are particularly relevant for modern semiconductor manufacturers who are increasingly dependent on automated and high-performance test systems to keep pace with the rapidly evolving technological landscape. This strategic integration ensures that FormFactor remains versatile and capable of meeting both current and emerging market requirements.

Conclusion

In summary, FormFactor Inc is a pivotal player in the semiconductor test and measurement sector. Its comprehensive range of products and services, strategic global presence, and continuous drive for technological innovation establish it as a trusted partner for semiconductor companies worldwide. By offering solutions that cover the full lifecycle of semiconductor production, from early development to full-scale manufacturing, FormFactor not only reinforces its market significance but also contributes to the broader advancement of semiconductor technology. The company’s dedication to precision, efficiency, and reliable measurement continues to provide critical support to a dynamic and competitive industry.

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FormFactor (Nasdaq: FORM) has announced its participation in the upcoming UBS Global Technology Conference, scheduled for December 3rd - 4th, 2024, at The Phoenician Hotel. The company will participate in one-on-one meetings only.

FormFactor is a leading provider of test and measurement technologies for the semiconductor industry, serving the full IC lifecycle from characterization to production testing. The company helps semiconductor manufacturers optimize device performance and improve yield knowledge through its facilities across Asia, Europe, and North America.

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FormFactor (NASDAQ: FORM) has received SK hynix's Best Partner Award for its outstanding contributions to semiconductor test solutions. The company provides SK hynix with advanced wafer probe cards for high-bandwidth memory (HBM) testing, high-throughput one-touchdown DRAM testing, and engineering probe systems for extreme environments. The partnership focuses on developing next-generation semiconductor devices, including collaborations on HBM4 innovations. The award, presented annually to select suppliers demonstrating exceptional performance, recognizes FormFactor's role in enhancing SK hynix's testing capabilities and driving innovation in the semiconductor industry.

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FormFactor (NASDAQ: FORM) and Advantest announced a strategic partnership to develop a novel test cell and measurement system for high-volume production of silicon photonics (SiPh) and co-packaged optics devices. The collaboration aims to address increasing bandwidth demands while reducing power consumption in AI data centers. Key features include the world's fastest automated photonic alignment, integration of FormFactor's Velox™ probe station with Advantest's V93000 test system, and wafer-level low-loss edge coupling. The system combines FormFactor's Pharos™ optical probe technology with Apollo probe architecture for optical and electrical device testing.

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FormFactor (NASDAQ: FORM) reported record quarterly revenue of $207.9 million for Q3 2024, up 5.3% from Q2 2024 and 21.2% from Q3 2023. GAAP net income was $18.7 million ($0.24 per share), while non-GAAP net income reached $27.2 million ($0.35 per share). The company achieved record DRAM probe-card revenue driven by strong DDR5 demand. However, FormFactor expects reduced Foundry & Logic probe-card demand in Q4 2024, partially offset by continued DRAM strength. Q4 2024 guidance projects revenue of $190 million ±$5 million with non-GAAP EPS of $0.29 ±$0.04.

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FormFactor, Inc. (Nasdaq: FORM) has announced it will report its 2024 fiscal third quarter financial results on Wednesday, October 30th, 2024, at 1:25 p.m. Pacific Time. The company will host a live webcast of the conference call, accessible through the Investors section of FormFactor's website. For those wishing to listen via telephone, preregistration is required.

FormFactor is a leading provider of essential test and measurement technologies for the full IC life cycle, from characterization to production test. The company serves semiconductor companies globally, helping them optimize device performance and advance yield knowledge. FormFactor operates through a network of facilities across Asia, Europe, and North America.

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FormFactor, Inc. (Nasdaq: FORM), a leading provider of test and measurement technologies for the semiconductor industry, has announced its participation in two upcoming investor conferences. The company will attend Citi's 2024 Global TMT Conference on September 4, 2024, at The Lotte New York Palace Hotel for one-on-one meetings. Additionally, FormFactor will present at CL King's 22nd Annual Best Ideas Conference 2024 on September 16, 2024, from 11:00am to 11:35am ET in a virtual format.

FormFactor specializes in technologies that span the full IC life cycle, from characterization and modeling to production testing. The company's products and services help semiconductor companies optimize device performance and improve yield knowledge, ultimately accelerating profitability. FormFactor operates through a network of facilities across Asia, Europe, and North America.

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FormFactor, Inc. (Nasdaq: FORM) has announced its participation in two upcoming investor conferences in August 2024. The company will attend the Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27 at the Four Seasons Chicago, and the 2024 Evercore ISI Semiconductor, IT Hardware & Networking Conference on August 28 at the Omni Chicago. Both events will feature one-on-one meetings only.

FormFactor is a leading provider of essential test and measurement technologies for the full IC life cycle, from characterization to production testing. The company helps semiconductor firms optimize device performance and improve yield knowledge, ultimately accelerating profitability. FormFactor serves customers through its network of facilities across Asia, Europe, and North America.

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FormFactor, Inc. (NASDAQ: FORM) reported strong Q2 2024 financial results, with revenue of $197.5 million, up 17.0% quarter-over-quarter and 26.7% year-over-year. The company's DRAM probe card revenue reached an all-time record, driven by High Bandwidth Memory (HBM) demand doubling for the third consecutive quarter. GAAP net income was $19.4 million ($0.25 per share), while non-GAAP net income was $27.3 million ($0.35 per share). Gross margin improved to 44.0% GAAP and 45.3% non-GAAP. For Q3 2024, FormFactor expects revenue of $200 million ± $5 million and non-GAAP EPS of $0.31 ± $0.04, anticipating steady overall demand but a less favorable DRAM product mix.

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FormFactor, Inc. (Nasdaq: FORM), a leading provider of essential test and measurement technologies for the semiconductor industry, has announced that it will report its fiscal second quarter 2024 financial results on Wednesday, July 31st, 2024, at 1:25 p.m. Pacific Time. The company will host a live webcast of the conference call, accessible to the public through the Investors section of FormFactor's website.

Interested parties can also listen via telephone by preregistering for the call. A replay of the conference call will be available approximately two hours after its conclusion on the company's website. FormFactor serves customers globally through its network of facilities in Asia, Europe, and North America, providing technologies that span the full IC life cycle from characterization to production testing.

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FormFactor (NASDAQ: FORM) announced its management will participate in the 16th Annual CEO Investor Summit 2024. The event is scheduled for July 10th at the St. Regis Hotel in San Francisco, CA.

Presentation materials will be available on the company's website.

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FAQ

What is the current stock price of Formfactor (FORM)?

The current stock price of Formfactor (FORM) is $25.195 as of April 17, 2025.

What is the market cap of Formfactor (FORM)?

The market cap of Formfactor (FORM) is approximately 2.1B.

What core services does FormFactor Inc provide?

FormFactor Inc offers essential test and measurement technologies for the semiconductor industry, covering the complete IC lifecycle from characterization to production testing.

How is FormFactor's business structured?

The company operates through two main segments: the Probe Cards Segment, which includes probe cards and analytical probes, and the Systems Segment, which incorporates probe stations and thermal sub-systems.

What role do probe cards play in FormFactor's product lineup?

Probe cards are a critical component in semiconductor testing, offering precise and reliable contact to electronic circuits during production and qualification processes, and they contribute significantly to the company’s revenue.

How does FormFactor support the semiconductor manufacturing process?

By providing advanced test systems and measurement solutions, FormFactor enables manufacturers to optimize device performance, accelerate yield, and ensure product reliability throughout the semiconductor lifecycle.

In which regions does FormFactor maintain its operational presence?

FormFactor has a global presence with facilities in Asia, Europe, and North America, allowing it to effectively serve a diverse and international customer base in the semiconductor industry.

What technological innovations are integrated into FormFactor’s solutions?

The company incorporates advanced features such as high-density cryogenic cabling, optical measurement integration, and rapid calibration systems to enhance testing accuracy and efficiency.

How does FormFactor differentiate itself from competitors in the semiconductor testing market?

FormFactor sets itself apart through its comprehensive end-to-end testing solutions, deep industry expertise, and innovative use of precision measurement technologies that address varied testing needs.

What benefits do FormFactor’s products bring to semiconductor manufacturers?

Their products help optimize device performance, reduce testing time, improve yield knowledge, and ultimately support manufacturers in accelerating profitability by ensuring high-quality, reliable semiconductor production.
Formfactor Inc

Nasdaq:FORM

FORM Rankings

FORM Stock Data

2.09B
76.41M
0.93%
99.64%
4.69%
Semiconductor Equipment & Materials
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