Financial PerformanceOnto posted upside results and guided expectations for the fiscal year, with non-GAAP earnings growing significantly due to AI-related opportunities and a recovery in memory markets.
Market TrendsAnalysts view ONTO as a key player in semiconductor capital equipment, poised to benefit from industry trends such as larger chip sizes and increased manufacturing complexity.
Product DemandOnto received its first JetStep X500 order from a glass manufacturer and delivered multiple lithography tools for high-demand mobile and high-performance computing applications.