Cohu's filings say we are “capitalizing on high‑growth opportunities in HBM inspection, high performance processor test in AI applications,” and we credit stronger AI‑computing demand for 2025 revenue growth – yet we do not provide a number for AI‑specific revenue, identify any AI customer above 10%, or break out end markets to isolate AI revenue. The most concrete AI‑related investment is Tignis, acquired for $34.9 million, whose revenue was described as “not material” in 2025. The broader picture remains a semiconductor‑cycle company with real but bounded AI exposure.