Taipei, Taiwan, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Alchip Technologies reported second quarter incremental declines in year-over-year and quarter-on-quarter financial results.
Second quarter 2025 revenue is $297.4 million, down 29.4% from second quarter 2024 revenue of $421 million. It is also 6.7 % lower than the first quarter 2025 revenue of $318.7 million.
Net income for the second quarter 2025 is $42.9 million, down 12.8 % from second quarter 2024 net income of $49.3 million, and off 3.3% from first quarter 2025 net income of $44.4 million.
Chairman and CEO Johnny Shen attributed the declines to the end of shipments in 1H25 of an AI accelerator ASIC to a North American customer and an unanticipated slowdown in demand for a separate 5nm AI accelerator. He also explained that slippage in a 3nm tape-out and a seasonal shift in NRE projects contributed to lower-than-expected revenue and profitability.
Nevertheless, 3nm/2nm designs accounted for 5% of second quarter 2025 revenue, while 5nm/7nm designs account for an additional 81%. Designs at 12nm and larger geometries accounted for the remaining 16% of second quarter 2025 revenue. High-performance computing applications accounted for 82% of second quarter 2025 revenue.
Geographically, Alchip reported that North America accounted for 79% of second quarter 2025 revenue, with Japan accounting for 9%, with Asia and the rest of the world accounting for the remaining 12%.
Alchip is traded on the Taiwan Stock Exchange, with Global Depository Receipts trading on the Luxembourg Exchange. The Company is well respected in North America, Japan, Israel, and Asia for its high-performance ASIC design methodology, flexible business model, best-in-class IP portfolio and advanced packaging technology expertise.
About Alchip
Alchip Technologies Ltd., founded in 2003 and headquartered in Taipei, Taiwan, is a leading global High-Performance Computing and AI infrastructure ASIC provider of IC and packaging design, and production services for companies developing complex and high-volume ASICs and SoCs. Alchip provides faster time-to-market and cost-effective solutions for SoC design at mainstream and advanced process technology. Alchip has built its reputation as a high-performance ASIC leader through its advanced 2.5D/3D CoWoS packaging, chiplet design, and manufacturing management. Customers include global leaders in artificial intelligence, high-performance computing, supercomputing, mobile communications, entertainment device, networking equipment, and other electronic product categories. Alchip is listed on the Taiwan Stock Exchange (TWSE: 3661).
For more information, please visit our website: http://www.alchip.com
