Camtek Ltd. (NASDAQ:CAMT) Q1 2024 Earnings Call Transcript

Ramy Langer: So, thank you for the question, Jack. So first of all, as we mentioned before, we have a very good and close relationship with all the vendors. Now when they will move from one type of HBM to another type, this is something they do not disclose with us. And these are their internal plans. But from — this really doesn’t differ for us in the sense that we inspect and measure wafers. So whether they will do it a stack of eight, 12 or 16, this really does not make any — does not require any changes in the machine. From a performance point of view. We can meet all the requirements they need now and they will need down the road. And as I said, we work with all the different vendors.

Unidentified Analyst: Got it. It’s very helpful. Just one follow-up question. So I’m interested, which customers are investing more in the HBM capacity expansion now? Thank you.

Ramy Langer: So, Jack, we have no knowledge of that. I mean, what you hear and what they make announcement, this is really what we know. And obviously, we are under confidential agreements that we cannot disclose to who we sold and how many machines, and this is something that is confidential. So I will not be able to help you on this question ahead.

Kenny Green: Thanks, Jack. Thank you, guys. That concludes the question-and-answer session. Before I hand back to Rafi, I would just like to let you all know that within the next hour, the recording of this conference call will be accessible from the same link and also from the Investor Relations section of Camtek’s website at camtek.com. I would like to thank everybody for joining this call. And I would now like to hand back to Rafi for his closing statement. Rafi, please go ahead.

Rafi Amit: Okay. I would like to thank you all for your continued interest in our business. I want to especially — thanks to the employees and my management team for the tremendous performance. To investor, I thank you for your long-term support. I look forward to talking with you again next quarter. Thank you, and goodbye.