# Advanced Energy revenue rises 50% as chip-equipment demand grows

_Published Monday, November 2, 2026 at 5:19 PM EST · Products · Latest · Tier 2 — Notable_

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Advanced Energy Industries reported third-quarter revenue of $696 million, up 50% year over year, Yahoo Finance reported. Semiconductor equipment revenue rose 64% to $322 million, while data-center computing revenue increased 49%. Its GAAP operating margin reached 20.6%, compared with 10.6% a year earlier.

Operating expenses rose 17%, allowing sales to grow faster than costs. But inventory increased 57% since December as the company prepared for demand and ramped its Thailand factory, tying up cash. Operating cash flow covered only a little more than half of quarterly net income. Fourth-quarter revenue guidance is $710 million to $760 million.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/advanced-energy-doubles-operating-margin-214504095.html)

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Canonical: https://techandbusiness.org/newswire/BPpa-kWzoqOF6cxBTi1hHS
Published: 2026-11-02T22:19:52.129Z
Story chronology: 2026-11-02T21:45:04.000Z
Retrieved: 2026-11-03T00:49:16.071Z
Publisher: Tech & Business (techandbusiness.org)