AI-related DemandAI's need for higher rack power is creating strong demand from hyperscale and enterprise customers, which drove double-digit sequential and year-over-year sales growth.
Margin ImprovementEasing supply chain constraints and higher factory loading are expected to improve non-GAAP gross margins to 40% by late 2025, up from recent mid-30% margins.
Product InnovationNew products, including eVos and eVerest power supply lines, are driving share gains in the semiconductor market, benefiting AEIS’s Semi segment.