Axcelis Technologies, Inc. Q1 FY2026 earnings call

David mentioned that for General and mature, Q1 bookings were a bit softer but utilization rates are rising. Expect 2026 General mature to be down year over year but feel better about 2027. Russell talked about silicon carbide with encouraging customer conversations and its applications in electric vehicles and data centers.

Expect 2026 General mature to be down year over year but see better outlook for 2027. Memory expected to have strong growth in 2026, mostly DRAM. NAND manufacturers focused on vertical scaling now, pickup when industry adds wafers.

Q: Dennis Pachacin asked about General and mature market, David responded on bookings and silicon carbide trends. Follow-up on book-to-bill, company not guiding quarterly bookings.

Q: David Dooley asked about silicon carbide adoption in data center, Russell talked about electric vehicle applications and data center trends. Follow-up on 800 volt rollout in data centers.

Q: Zucson Chang asked about 2026 guide, company maintains flat with memory up and General mature down. Follow-up on memory trajectory, Q2 memory softer sequentially but full year strong for DRAM. Follow-up on memory shift to other types, customers still building HPM capacity for AI