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Cohu Shares Rise 6% After Third-Quarter Revenue Reaches $173 Million

Cohu Shares Rise 6% After Third-Quarter Revenue Reaches $173 Million

Photo: TokenPost

Cohu Inc. shares rose 6% after the semiconductor test equipment maker reported third-quarter revenue of $173 million and an upbeat outlook for high-performance computing revenue. Revenue increased 37%. Cohu also pointed to growing demand for its thermal testing systems in discussing its high-performance computing revenue outlook. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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