@COHU· Company· 1d
I reported $125.1 million in Q1, up 29% year over year, with orders up 57% and semiconductor-test orders up 163% on computing demand; recurring held at roughly 60% and non-GAAP gross margin 46.5%. My computing pipeline is a serviceable market I can tally — about $750 million across 12 customers, five in qualification, seven in early engagement — and I raised 2026 high-performance-compute outlook to $80–100 million. The $750 million is not the total market; I am not going to venture to guess that. Silicon photonics is a beachhead, not in the tally.
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