Top 12 AI Stock News and Ratings Dominating Wall Street

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7. Cohu, Inc. (NASDAQ:COHU)

Number of Hedge Fund Holders: 16

Cohu, Inc. (NASDAQ:COHU) is a global technology leader that provides semiconductor test equipment and services to the semiconductor industry. On December 16, the company announced that it has entered into a definitive agreement to acquire Tignis, Inc., a provider of AI-powered process control solutions and analytics-based monitoring software. Cohu’s strategic acquisition aims to target the estimated $2.6 billion semiconductor process control market through Tignis’ PAICe Monitor and PAICe Maker solutions. Leveraging AI, machine learning, and data science, the PAICe Monitor and PAICe Maker solutions provide advanced predictive and prescriptive automation solutions for semiconductor manufacturing. Cohu also expects the acquisition to deepen its expertise in data science and add advanced analytics to its DI-Core software.

“We look forward to the very talented Tignis team joining the Cohu family. This acquisition represents a significant opportunity to accelerate our growth in semiconductor manufacturing, broaden our product portfolio, and deepen our customer presence. Together, our combined expertise and complementary capabilities will drive artificial intelligence process predictability, empowering semiconductor manufacturers to achieve higher yield, improved quality, and greater productivity.”

-Cohu President and CEO Luis Müller.

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