Besi Raises Long-Term Revenue Forecast as AI Boom Fuels Demand

BE Semiconductor Industries NV raised its long-term revenue target as growth in artificial intelligence boosts demand for its advanced semiconductor assembly tools.

The Dutch chip equipment maker, known as Besi, now expects long-term revenue of between €1.5 billion ($1.7 billion) and €1.9 billion, it said ahead of its investor day Thursday. It had previously guided for above €1 billion.

Besi shares jumped as much as 10.6% in early Amsterdam trading, the biggest intraday increase since April.

Besi’s forecast upgrade is a bright spot for a semiconductor industry grappling with tariff uncertainty and some concerns over a potential slowdown in AI ...