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MPI Corporation Posts Record First-Half Profit on AI Testing Surge

The company reports 44% earnings jump while cautioning on currency headwinds
Taiwan
m 6223.TWO Mid and Small Cap 2000 Semicon 75 Tech 350
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Taiwanese semiconductor testing specialist MPI Corporation delivered record first-half earnings as demand for artificial intelligence chip testing services continues to accelerate across the industry.

The company reported earnings per share of NT$14.35 ($0.48) for the six months through June, marking a 44% increase from the same period last year and setting a new half-year record. Second-quarter revenue reached NT$32.92 billion ($1.1 billion), rising 38% year-over-year and 16% from the previous quarter.

MPI anticipates sequential revenue growth through the fourth quarter of 2025, driven by a consistent rise in demand for AI and HPC device applications, positioning the company to benefit from the broader semiconductor testing market expansion. The probe cards market is projected to grow at a 9.18% compound annual growth rate to reach $6.04 billion by 2030.

However, the company maintained a cautious outlook despite the strong performance. Management indicated that while full-year revenue could achieve double-digit growth, profitability may face pressure from foreign exchange fluctuations in the near term.

MPI’s growth trajectory reflects the increasing complexity and costs of advanced chip production, which has heightened demand for reliable testing solutions. The company’s probe card technology addresses critical requirements for signal integrity and testing speeds needed for high-performance computing and data center applications.

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