FORMFACTORFORM

It makes the equipment used in semiconductor test. Its main product is the probe card that lands needles on chips while they are still on the wafer, and it also sells test systems and metrology. Products that stack several chips, like HBM, and products that package optics next to the die, like co-packaged optics, add test steps, which puts the company where revenue moves early when those technologies spread.

CEO Mike Slessor · Founded 1993 · HQ Livermore, California, USA · Exchange NASDAQ · Website formfactor.com

Predictions & track record (3)

• Awaiting grading Why is a raise in a business worth under 2% of revenue read as a signal for the shift to optics?In the fourth quarter of 2026, score whether FormFactor's third quarter results show CPO revenue past the $10 million to $20 million range and whether the above $20 million full year outlook holds.
• Awaiting grading The US government just took 1% of GlobalFoundries, and the money it handed over was for research, not a fabScore on whether the letter of intent converts into a signed deal with the 300 million dollars disbursed, and whether the other six close on the same equity terms.
• Awaiting grading Huawei's AI Chip Shipments Are Said to Double: the Real Bottleneck Is HBM, Not LithographyCheck whether Huawei's shipments keep climbing after its HBM stockpile is projected to run dry around end-2025/early 2026, or stall around that point instead.

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