Axcelis Technologies Inc
ACLSQ2 2024(ACLS Q1 FY2024)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$18.7M
AI Revenue (Q)
$3.8M
Total Revenue (Q)
$252.4M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 2024 total revenue: $252.4M. First explicit end-market breakdown provided in MD&A: mature process 99% of shipped systems, 1% DRAM. Power devices 55%, general mature 41%, image sensors 3%. DRAM shipments (1%) are the most directly AI-relevant category (HBM for AI accelerators is driving DRAM capex). Advanced logic at 0%. With only 1% DRAM and negligible advanced logic, raising slightly to 1.5% to account for (a) the disclosed 1% DRAM which is partially AI-driven (HBM) and (b) some indirect AI-adjacent demand in general mature (e.g., power management ICs for data centers). Estimated AI revenue: ~$3.8M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $252,372 thousand for three months ended March 31, 2024
10-Q filed for period ending March 31, 2024
The overall mature process segment represented 99% of our shipped systems revenue, with 1% of shipments to dynamic random-access memory (DRAM). Power device shipments comprised 55% of total systems revenue with the general mature segment representing 41%, and image sensors at 3%.
10-Q for period ending March 31, 2024, Item 2 MD&A
AI Products Identified (Ring 1)
Purion ion implantation systems for DRAM fabs (HBM-related)Purion systems for advanced logic evaluations
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Ion implantation systems for power devicesIon implantation for general mature processAftermarket services and spare parts
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix