Latest news with #TCAD
Globe and Mail
4 days ago
- Business
- Globe and Mail
Silvaco (SVCO) Q2 Revenue Drops 19%
Key Points GAAP revenue dropped 19% year-over-year to $12.05 million in Q2 2025, GAAP revenue missed estimates by 15.3%. Non-GAAP earnings per share fell to $(0.16). Shift in business mix: TCAD segment GAAP revenue declined 34% year-over-year. while EDA and SIP segments grew, signaling a transition for the company. These 10 stocks could mint the next wave of millionaires › Silvaco Group (NASDAQ:SVCO), a provider of design software and Silicon Intellectual Property (SIP) for semiconductor companies, released its Q2 2025 results on August 6, 2025. The company reported GAAP revenue of $12.05 million, missing analyst estimates by $2.18 million (GAAP). Non-GAAP earnings per share came in at $(0.16). These results reflect both a sharper-than-anticipated drop in the core Technology Computer-Aided Design (TCAD) segment, with TCAD revenue down 34% year-over-year, and continued investment in new areas, with meaningful execution risk but also clear signs of progress in customer wins and technology integration. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. Business Overview and Recent Focus Silvaco Group's business centers on providing advanced software tools and silicon intellectual property components for semiconductor design and manufacturing. Its core offerings include technology computer-aided design (TCAD) software, used to simulate manufacturing processes, and electronic design automation (EDA) software, which helps automate chip and system-level design. The company also provides silicon intellectual property (SIP), which are reusable design blocks licensed to semiconductor makers. The company has recently pursued growth by expanding its suite of EDA tools and SIP libraries, integrating machine learning and artificial intelligence into its solutions. A critical area of focus is diversifying its business mix, both geographically and across product lines. Key success factors include technological innovation, cultivating strategic partnerships, growing its presence in high-growth verticals like automotive and photonics, and prudent cost and margin management while sustaining investment in product development. Details of the Quarter: Financial and Operational Developments The results underscored a challenging period, with GAAP revenue dropping 19% year-over-year. The miss versus consensus was driven largely by a steep decline in TCAD revenue (GAAP), which fell 34% year-over-year to $6.8 million (GAAP) and now accounts for just 56% of GAAP revenue, down from 69% in Q2 2024. The EDA segment, which provides software for chip design automation, saw GAAP revenue rise 15% year-over-year to $3.4 million and now makes up 29% of the total. The SIP segment grew 11% year-over-year to $1.8 million, representing 15% of total revenue (GAAP). Regionally, there was a significant pivot toward the Asia-Pacific, with this geography delivering 57% of revenue compared to 41% in Q2 2024. The Americas revenue share fell to 36% from 51%, and EMEA (Europe, Middle East, and Africa) accounted for 7% of revenue. About 14% of revenue came from new customer 'logos,' with an additional 6% from customers added in the previous two quarters, showing traction in landing new accounts. However, Gross bookings fell sharply, down 34% year-over-year, highlighting volatility as the company integrates new acquisitions and waits for delayed orders to close. Gross margin on a non-GAAP basis declined to 76%, a 10 percentage point drop from the prior year. The company reported a GAAP net loss of $9.4 million, an improvement from a $38.4 million GAAP net loss in Q2 2024, when results included a litigation settlement. However, on a non-GAAP basis, the company reported a net loss of $4.6 million, compared to a GAAP net profit in Q1 2024. The company cited several operational milestones, including the launch of new EDA and SIP products and securing 10 new major customers across photonics, automotive, military, foundry, and power verticals—critical end markets for semiconductor suppliers. About 40% of revenue came from customer renewals; 40% from expansion among existing customers, indicating the company's 'land and expand' strategy is gaining some traction. A major acquisition, Mixel Group, Inc, closed just after the quarter, increasing the serviceable addressable market by $110 million and bringing the year-to-date total to $710 million added via acquisitions. This effort supports the company's plan to further diversify its revenue base and target design segments with higher growth potential. Looking Forward: Guidance and Investor Considerations For Q3 2025, management guided for revenue in a range of $14.0 to $18.0 million, projecting a minimum of 28% year-over-year growth. The target for non-GAAP gross margin is 81–85%, still trailing historical highs. Non-GAAP net income (or loss) per diluted share is expected to land between $(0.12) and $0.02. Bookings are also expected to rebound, with a $14.0–$18.2 million range, up at least 42% from the prior year's quarter. For FY2025, Silvaco projects revenue of $64.0 to $70.0 million and a non-GAAP net income (or loss) per share between $(0.07) and $0.03, significantly lower than the previous year's net income. Revenue and net income presented using U.S. generally accepted accounting principles (GAAP) unless otherwise noted. 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Yahoo
24-07-2025
- Business
- Yahoo
Silvaco Strengthens Leadership Team with Three Industry Veterans to Drive Innovation and Growth
SANTA CLARA, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. ('Silvaco') (NASDAQ: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the addition of three seasoned industry veterans to its leadership team: Andrew Wright as Senior Vice President and General Manager of the Semiconductor IP Business Unit, Jasvinder Singh as Senior Vice President and General Manager of the EDA Business Unit, and John Berg as Vice President of Business Development. Collectively, they bring decades of experience in semiconductor design and software development to Silvaco and will play pivotal roles in accelerating innovation and operational excellence. 'Adding these accomplished leaders strengthens our ability to innovate and scale Silvaco's organic growth,' said Babak Taheri, CEO of Silvaco. 'Their insights and proven track records will help advance and accelerate the next phase of our growth. With their expertise, we are well-positioned to broaden our market presence and deliver even greater value to our customers worldwide.' Andrew Wright leads Silvaco's Semiconductor IP Business Unit. Most recently, he served as Senior Vice President of R&D and New Product Introduction at Efabless. He previously served as Executive Vice President of New Product Development at Cypress Semiconductor where he led the company's chip and IP design methodologies and oversaw the development of all Cypress IP and new products. He has also held executive roles at UltraSense and Waterbit. Jasvinder Singh leads Silvaco's EDA Business Unit. With over 20 years of leadership experience in EDA, AI, semiconductor and autonomous systems. Jasvinder has built and scaled global R&D teams and driven product, platform and engineering growth for multi-billion-dollar organizations. He has held senior roles at Synopsys, SiClarity, and Cadence, where he led innovations across AI, verification and cloud-enabled design platforms. John Berg leads business development across all of Silvaco's product lines. He brings over two decades of leadership experience in quantum computing, semiconductor electronics, and photonics. John has a track record of productizing transformative hardware technologies and solving complex operational challenges. Most recently, he served as Vice President of Supply Chain at PsiQuantum. He has held senior leadership roles at American Semiconductor, Nantero, and Cypress Semiconductor. About Silvaco Group, is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco's solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at ContactsMedia Relations:Tiffany Behany, press@ Investor Relations:Greg McNiff, investors@
Hans India
24-05-2025
- Health
- Hans India
NIT Rourkela designs a novel semiconductor device-based biosensor
Researchers at the National Institute of Technology (NIT) Rourkela have designd a novel semiconductor device-based biosensor that can identify breast cancer cells without the need for complicated or expensive laboratory procedures. The device 'TFET' (Tunnel Field Effect Transistor) is based on TCAD (Technology Computer-Aided Design) simulation results, that can effectively detect breast cancer cells. FETs are commonly used in electronics, but here they have been adapted to function as a sensitive detector of biological materials. Unlike many traditional tests, this biosensor does not need any added chemicals or labels to work. It uses the physical properties of cancer cells to detect them. Cancerous breast tissues, which hold more water and are denser than healthy tissues, interact differently with microwave radiation. These differences, known as dielectric properties, make it possible to distinguish between healthy and cancerous cells. The findings of the research published in the Microsystem Technologies journal, showed that the sensor is sensitive in detecting T47D cancer cells due to their high density and permittivity. It is also highly effective at distinguishing cancerous cells from healthy breast cells, offering improved sensitivity compared to existing technologies. 'A small cavity is etched into the transistor under the gate area, and an equivalent material of biological sample of cells is placed in the cavity to check the sensitivities of the device. The sensor then reads changes in electrical signals based on the properties of the sample, essentially 'sensing' whether the cells are cancerous or healthy,' said Prof. Prasanna Kumar Sahu, Department of Electrical Engineering, NIT Rourkela. 'Because cancer cells like T47D have a higher dielectric constant than healthy ones like MCF-10A, the sensor picks up these differences quickly and with high precision,' Sahu added. Another key feature of the developed technology is its affordability. TFET-based biosensors are affordable compared to conventional testing methods and other existing FET-based biosensors. The developed technology holds significant promise for future medical applications, resulting in low-cost, easy-to-use diagnostic devices that bring early breast cancer detection to clinics, mobile testing units, and home settings. As the next step, the research team is exploring potential collaborations for fabrication and scientific validation of the developed technology.
Yahoo
01-05-2025
- Business
- Yahoo
Silvaco Partners with Kyung Hee University's Professor Jin Jang on AI-Powered Fab Technology Co-Optimization for Next Generation Display Technologies
SANTA CLARA, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) ('Silvaco' or the 'Company'), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced a strategic research and development partnership with Professor Jin Jang and the Advanced Display Research Center (ADRC) at Kyung Hee University (KHU), South Korea. This four-year collaboration, which officially commenced on February 1, 2025, aims to advance display technology innovation through the integration of FTCO™ (Fab Technology Co-Optimization) with AI-driven Digital Twin modeling. Under the partnership, Silvaco will fund Ph.D. students at KHU and closely collaborate with Prof. Jang's team to provide high-quality measurement data for emerging display technologies—specifically Micro-LED and OLED. The joint research effort will combine this experimental data with Silvaco's industry-leading simulation tools and FTCO solution platform to create a comprehensive display technology Digital Twin spanning process, device, and circuit levels. 'Our goal is to demonstrate how FTCO and AI-enabled Digital Twins can revolutionize the development and production of advanced display technologies,' said Prof. Jin Jang. 'The collaboration with Silvaco allows us to bridge physical experimentation with virtual modeling, creating a robust foundation for faster, more accurate decision-making in fabs.' Silvaco's role in the partnership includes running corresponding TCAD simulations and developing a complete FTCO flow using Victory TCAD™ simulators with Victory DoE™ and Victory Analytics™ in conjunction with its EDA tools, SmartSpice™ and UTMOST IV™. Combined with experimental data from KHU, this FTCO-based Digital Twin will enable fab engineers to simulate the impact of process variations on device and circuit performance in real-time, significantly accelerating optimization cycles in manufacturing environments. 'Partnering with Professor Jin Jang and the ADRC team marks a major step forward in applying FTCO and Digital Twin approaches to optimize next generation display technologies,' said Eric Guichard, Senior Vice President and General Manager of the TCAD business unit at Silvaco. 'With their world-class expertise in Micro-LED, OLED devices, and related circuits combined with our advanced simulation and analytics platforms, we aim to unlock new levels of efficiency in process optimization, design, and yield improvement. This partnership represents a unique fusion of academic research paving the way for future innovations in display manufacturing and beyond.' About SilvacoSilvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco's solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at ContactsMedia Relations:Tiffany Behany, press@ Investor Relations:Greg McNiff, investors@ in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Silvaco Expands Product Offering with Acquisition of Cadence's Process Proximity Compensation Product Line
SANTA CLARA, Calif., March 04, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) ('Silvaco' or the 'Company'), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the strategic acquisition of the Process Proximity Compensation ('PPC') product line of Cadence (Nasdaq: CDNS). The addition of the PPC product line - an optical proximity correction ('OPC') suite of tools highly complementary to Silvaco's EDA and TCAD suite, along with its cutting-edge technology and talented team, will strengthen Silvaco's market position and accelerate its mission to empower customers in designing next-generation semiconductor processes and devices with greater accuracy and efficiency. The Company expects this acquisition to enhance Silvaco's ability to offer advanced computational lithography solutions that address the increasing complexity of semiconductor manufacturing at advanced nodes. 'Acquiring Cadence's OPC expertise and technology marks a significant step in advancing our AI-based FTCO platform, quantum-level simulation, and hybrid Fab optimization for semiconductor and photonics mask generation,' said Babak Taheri, CEO of Silvaco. 'The proven track record of the OPC business in process correction and computational lithography complements our existing capabilities, enabling us to drive enhanced innovation, precision, and AI-driven automation for our customers. This acquisition reinforces our commitment to delivering the most comprehensive solutions for semiconductor manufacturing and design.' 'Today's announcement accelerates our strategy of providing the leading synthesis to signoff digital full-flow solution while sharpening our focus on the faster-growing areas of our digital portfolio,' said Chin-Chi Teng, senior vice president and general manager of the Digital & Signoff Group at Cadence. 'We are pleased to have the PPC team join Silvaco to help advance their next-generation computational lithography solutions.' As part of the transition, Silvaco will work closely with Cadence's team to provide a seamless integration, maintaining continuity for existing customers and partners without disruption to ongoing projects or customer support. The acquired OPC product line has been adopted by industry-leading semiconductor companies. This acquisition unlocks complementary go-to-market opportunities, enabling Silvaco to enhance its EDA, TCAD, and AI-Driven Fab Technology Co-Optimization™ offerings while fostering deep customer collaborations. The Company expects the existing OPC customers to benefit from Silvaco's responsive customer support and expanded R&D collaboration, driving technology development and adoption. 'We closed 2024 with record results for bookings and revenue, driven by sustained demand for our digital twin modeling platform and growth in key semiconductor markets,' said Dr. Babak Taheri. 'With the addition of these new capabilities and our focus on execution, we will continue to deliver value for our customers and stakeholders, setting the stage for further growth in 2025.' About SilvacoSilvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco's solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan. Learn more at Safe Harbor StatementThis press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding Silvaco's proposed acquisition of Cadence's PPC product line, technologies and product offerings, business strategy, plans and opportunities, industry and market trends including TAM estimates and the expected benefits and impact of the proposed transaction and combined business on Silvaco's growth. Forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as 'expect,' 'anticipate,' 'should,' 'believe,' 'hope,' 'target,' 'project,' 'goals,' 'estimate,' 'potential,' 'predict,' 'may,' 'will,' 'might,' 'could,' 'intend,' 'shall' and variations of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside Silvaco's control. For example, the markets for Silvaco's products and services may develop more slowly than expected or than they have in the past; operating results and cash flows may fluctuate more than expected; Silvaco may fail to successfully integrate Cadence's PPC product line; Silvaco may fail to realize the anticipated benefits of the proposed acquisition; Silvaco may incur unanticipated costs or other liabilities in connection with acquiring or integrating Cadence's PPC product line; the potential impact of the announcement or consummation of the transaction on relationships with third parties, including employees, customers, partners and competitors; Silvaco may be unable to motivate and retain key personnel; changes in or failure to comply with legislation or government regulations could affect post-closing operations and results of operations; and macroeconomic and geopolitical conditions could deteriorate. The forward-looking statements included in this press release represent Silvaco's views as of the date of this press release, and Silvaco disclaims any obligation to update any of them publicly in light of new information or future events. Investor Contact:Greg McNiffinvestors@ Media Contact:Farhad Hayatpress@ in to access your portfolio
