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DENVER - Advanced Energy Industries, Inc. (Nasdaq:AEIS), a technology company currently trading near its 52-week high with a market capitalization of $6.7 billion, will preview its next-generation fiber optic thermometry converter, the M-1200, at SEMICON West 2025 taking place October 7-9 at the Phoenix Convention Center. According to InvestingPro data, the company has demonstrated strong momentum with a 120% price return over the past six months.
The new device features enhanced accuracy and a broader temperature measurement range of -200 to 450°C, exceeding the capabilities of most contact temperature sensing devices, according to a company press release.
The M-1200 is designed with a compact form factor and includes EtherCAT communication capabilities, along with flexible probe configurations to facilitate integration into semiconductor manufacturing equipment.
"For semiconductor OEMs, space and reliability are critical. The M-1200’s compact design and ability to withstand harsh environments provide repeatable performance that supports consistent manufacturing quality and yield," said Dhaval Dhayatkar, Advanced Energy’s vice president of Critical Sensing and Control, System Power.
The converter incorporates proprietary phosphor formulations that optimize probes for specific temperature ranges, potentially enabling new process development opportunities for semiconductor manufacturing.
Advanced Energy will display the M-1200 at booth #5945 during the industry event, where company representatives will be available to discuss the technology.
Advanced Energy Industries specializes in precision power conversion, measurement and control solutions for industries including semiconductor equipment manufacturing, industrial manufacturing, telecommunications, data centers, and healthcare. With expected earnings growth this year and 10 analysts revising their earnings estimates upward, the company shows promising prospects. For detailed financial analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.
In other recent news, Advanced Energy Industries reported strong financial results for Q2 2025, surpassing earnings expectations with an earnings per share (EPS) of $1.50, compared to the forecasted $1.31. The company’s revenue also exceeded projections, reaching $442 million. Additionally, Advanced Energy Industries has expanded its power converter lineup by introducing two new quarter brick modules, the Artesyn® NDQ1300 and NDQ1600, which are designed for high-efficiency power conversion applications. These modules operate with peak efficiencies up to 98%, targeting advanced technology equipment such as AI servers and industrial applications. In a separate development, KeyBanc has raised its price target for Advanced Energy Industries to $180.00 from $160.00, maintaining an Overweight rating on the stock. The investment firm highlighted the company’s competitive positioning and its ability to achieve long-term goals as reasons for the revised target. These developments reflect the company’s ongoing progress and strategic initiatives in the tech industry.
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