Driven by developments from big technological companies like Apple (AAPL, Financials) and Nvidia (NVDA, Financials), BE Semiconductor (BESIY, Financials) is positioned for enormous growth prospects, analyst Ming-Chi Kuo of TF International Securities says. The year-to-date over-the-counter share price of the Dutch corporation has dropped 2.7%; but, new developments in semiconductor technology might turn around this trend.
Variable aperture technology, a feature expected in Apple’s iPhone 18 Pro in 2026, needs specialist equipment supplied by BE Semiconductor. The company’s major contribution to this invention is shown by its part in manufacturing assembly tools for aperture blades.
Apple’s shift to its M5 silicon family, slated to be released between 2025 and 2026, is yet another exciting development for BE Semiconductor. This change will make use of a sophisticated 3-nanometer node of Taiwan Semiconductor Manufacturing Co. (TSM, Financials). Apple uses tiny outline integrated circuit packaging for its high-performance processors, hence BE Semiconductor’s hybrid bonding technique is expected to find favor.
Hybrid bonding is attracting interest in the larger semiconductor arena for its capacity to improve high-bandwidth memory solutions. Based on Kuo’s findings, SK Hynix will use hybrid bonding in its HBM3e 16hi memory beginning in 2026, therefore tackling AI server needs and increasing efficiency. Thanks to its knowledge of bonding tools, BE Semiconductor gains from this acceptance.
With co-packaged optics planned to be included in Nvidia’s Quantum-3/X800 InfiniBand switch, set for introduction in 2025, demand for hybrid bonding solutions might be raised. This change points BE Semiconductor toward even another area of development.
Taiwan Semiconductor’s expected rise in SOIC packaging throughout its customer basewhich includes AMD (AMD, Financials), Amazon Web Services (AMZN, Financials), and Qualcomm (QCOM, Financials)could therefore help to confirm BE Semiconductor’s place in the industry.
BE Semiconductor seems suited to take advantage of changes in the semiconductor and technology industries as its sophisticated technologies fit industry demands.
This article first appeared on GuruFocus.
