canar.ai
Rankings/AEIS/Q3 2024 Analysis

Advanced Energy Industries Inc

AEIS
Q3 2024(AEIS Q2 FY2024)Estimated10% AI
AI Revenue %
10%
AI Fair Value
$561.5M
AI Revenue (Q)
$36.5M
Total Revenue (Q)
$364.9M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 FY2024 total revenue was $364.9M. Semiconductor Equipment was $188.3M (51.6%), Data Center Computing was $73.0M (20.0%). Data Center Computing revenue grew 74% sequentially from Q1, a notable acceleration suggesting AI data center buildout is a driver. Applied Materials at 26% and Lam Research at 10%. AI-attributable Semi Equipment: ~13% x $188.3M = ~$24.5M. AI-attributable DC Computing: ~20% x $73.0M = ~$14.6M. Total: ~$39.1M / $364.9M = 10.7%, rounded down to 10%.
Analyzed by claude-opus-4-6

Quoted Figures

Semiconductor Equipment $ 188,321 ... Data Center Computing $ 72,964 ... Total $ 364,947
10-Q 2024-06-30, Note 3 Revenue, Disaggregation by Market (Three Months Ended June 30, 2024)
Applied Materials, Inc. and Lam Research Corporation accounted for 26 % and 10 %, respectively, of our total revenue
10-Q 2024-06-30, Note 3 Revenue

AI Products Identified (Ring 1)

Precision power supplies for semiconductor etch/deposition equipment (AI chip fabrication)Power conversion products for AI 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 (26% of revenue)Lam Research (10% of revenue)

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix