Axcelis Technologies Inc
ACLSQ1 2024(ACLS Q4 FY2023)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$11.7M
AI Revenue (Q)
$2.9M
Total Revenue (Q)
$292.3M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 2023 standalone revenue: $1,130.6M (full year) - $820.3M (9M) = $310.3M. Per FY2023 10-K: 88% of system shipments to mature process, 59% to power devices. No AI-specific or advanced logic revenue disclosed. Revenue from DRAM and advanced logic implied to be ~12% of system shipments at most, and only a fraction of that would be AI-driven. Conservative 1% AI estimate maintained. Full year revenue: $1,130.6M.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue for 2023 was $1,130.6 million, an increase of 22.9% from 2022 revenue of $920.0 million
10-K for year ended December 31, 2023, Item 7 MD&A
The mature process technology segment represented 88% of the value of our 2023 system shipments
10-K for year ended December 31, 2023, Item 7 MD&A
Ion implantation systems and services revenue: $1,111,278 thousand (2023)
10-K for year ended December 31, 2023, Note 17
AI Products Identified (Ring 1)
Purion ion implantation systems (to extent sold to AI chip fabs)
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 mature process nodesSilicon carbide power device equipmentAftermarket services and spare parts
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix