Kulicke and Soffa Industries announced that the company has received multiple orders for its Thermocompression Bonding solutions, primarily supporting Silicon Photonics based Co-Packaged Optics applications deployed in high-bandwidth networking transceivers. K&S anticipates a series of follow on CPO orders to support aggressive capacity expansion plans throughout fiscal years 2024 and 2025. CPO units are anticipated to grow at a 66% CAGR through calendar year 2033 and represent only an individual component to the much larger Artificial Intelligence opportunity.
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