FormFactor is trading about 21% up now at $103.17 after reporting record second-quarter 2026 results and highlighting accelerating demand for AI-related testing.

  • The company posted revenue of $258.2 million with sharply higher margins and EPS, driven by a second major SmartMatrix customer and HBM4-related test demand.
  • Management issued strong guidance for continued growth, citing a favorable outlook for advanced semiconductor testing requirements.
  • The sharp recovery move is further supported by a broad rebound across the semiconductor sector following recent volatility.