canar.ai
Rankings/AEIS/Q3 2023 Analysis

Advanced Energy Industries Inc

AEIS
Q3 2023(AEIS Q2 FY2023)Estimated5% AI
AI Revenue %
5%
AI Fair Value
$304.0M
AI Revenue (Q)
$20.8M
Total Revenue (Q)
$415.5M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 FY2023 total revenue was $415.5M. Semiconductor Equipment was $173.2M (41.7%), Data Center Computing was $59.1M (14.2%). AI chip orders were ramping but AEIS Semi Equipment revenue was actually declining year-over-year (from $228.8M in Q2 2022), suggesting the broad semiconductor cycle downturn offset AI-driven demand. AI-attributable Semi Equipment: ~8% x $173.2M = ~$13.9M. AI-attributable DC Computing: ~7% x $59.1M = ~$4.1M. Total: ~$18.0M / $415.5M = 4.3%, rounded to 5%.
Analyzed by claude-opus-4-6

Quoted Figures

Semiconductor Equipment $ 173,177 ... Data Center Computing $ 59,076 ... Total $ 415,508
10-Q 2023-06-30, Note 3 Revenue, Disaggregation by Market (Three Months Ended June 30, 2023)

AI Products Identified (Ring 1)

Precision power supplies for semiconductor etch/deposition equipmentPower conversion products for data center computing infrastructure

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.

Applied Materials (19% of revenue)

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix