ADVANCED ENERGY INDUSTRIES INC

Advanced Energy Industries, Inc. (NASDAQ: AEIS) is a global provider of highly engineered precision power conversion, measurement, and control solutions. The company designs, manufactures, sells, and services power products that transform and refine electrical power from utility or facility sources into highly controllable, customizable power for complex equipment across multiple industries. Advanced Energy's website is www.advancedenergy.com.

The company operates as a single segment focused on power electronics conversion products, serving four primary end markets: Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking. In the Semiconductor Equipment market, Advanced Energy supplies plasma power, high-voltage power, system power, and sensing solutions used in etch, deposition, ion implant, inspection, metrology, thermal, epitaxy, and packaging applications. The Data Center Computing market benefits from the company's high-efficiency, high-density power solutions designed for next-generation AI-based server racks and storage systems. The Industrial and Medical market receives precision power conversion products for manufacturing processes, medical devices, life science equipment, robotics, aerospace, and defense applications. The Telecom and Networking market utilizes the company's application-specific power conversion products for wireless infrastructure and computer networking equipment.

Advanced Energy maintains a globally diverse workforce of approximately 13,000 employees located across the Asia-Pacific region, Europe, and North America. The company manufactures primarily in the Philippines, Malaysia, and Mexico, with specialty manufacturing in the United States, United Kingdom, and Europe. The company is executing a manufacturing consolidation plan that includes facility optimization and the construction of a new factory in Thailand.

The company serves original equipment manufacturers, distributors, and end customers worldwide. During 2025, three customers accounted for 23%, 19%, and 12% of total revenue respectively. Advanced Energy invests significantly in research and development, with R&D expenses representing approximately 12.2% to 14.3% of total revenue in recent years. The company holds numerous U.S. and foreign patents and maintains multiple patent applications pending across key markets.