Rigaku Holdings Corp (RGAKF)

$RGAKF Stepping on the accelerator pedal - Q2 FY12/26 results update Order and revenue pipeline filling up – Rigaku disclosed that Q2 orders at Semiconductor Process Control Instruments reached more than 3x the year-ago level on strong demand from Memory customers, driven by HBM and DRAM capacity expansion. Although Q2 results already benefitted from strong Memory demand, Rigaku expects further acceleration going into H2 and beyond. The Company’s next-gen semiconductor metrology equipment has also received positive feedback from customers, which should gradually translate to improved margins as they are delivered. Multipurpose Analytical Instruments appears to have troughed in H1, with improvement expected on further penetration into industrial applications. Quarterly results are heavily influenced by equipment delivery timing, and we should focus on the longer-term. Rigaku rides the secular rise in semiconductor complexity required to deliver the compute behind AI's exponential growth

$RGAKF Rigaku’s valuation has re-rated upwards over the past year from a scientific-instrument multiple (low teens PER) to a semi-cap multiple (high 30s to low 40s PER) as investors increasingly recognize the Company’s Semiconductor Process Control Instruments business as the primary growth and earnings driver. Rigaku’s growth upside appears underappreciated as the Company’s FY12/27 medium-term plan (MTP) targets were anchored on a less constructive semiconductor industry environment and outlook. Demand visibility for Rigaku’s X-ray metrology equipment has improved as the leading chipmakers and WFE reaffirmed their increasingly complex product roadmaps and announced record multi-year capex plans.

$RGAKF nice action here

$RGAKF Anyone know why the drop today?

$ONTO $RGAKF Onto Innovation on Monday announced a 27% stake in X-ray technology manufacturer Rigaku Holdings Corporation.

Onto Innovation Hits Record High; Buys Rigaku Stake For $710M $ONTO $RGAKF https://stocktwits.com/news/equity/markets/onto-innovation-hits-record-high-buys-rigaku-stake-for-710-m/cZB46lFRIzH

$RGAKF Here early

$RGAKF this is real, long term play. 5 year minimum.

$RGAKF Is this the stock mentioned on the IceHouse podcast?