Axcelis Technologies Inc Investor Event Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Charles Shi - Needham & Company - Analyst : Thanks. Charles Shi here from Needham. So I wonder if you guys can provide an update about the original target of $1.3 billion in 2025, because you laid out the journey for the next three years to get to like $1.6 billion. If you're still upholding that $1.3 billion goal for next year, you're going to be halfway there in the first year of that three-year journey. So wonder if you what to provide some update. That obviously, that was a long-term target. Now it's getting a little bit not quite a long-term. It's next year, but any thoughts on that? Thanks.

Question: Charles Shi - Needham & Company - Analyst : We can hear you, yes. I was just wondering if you could address in whatever detail that you can the adoption of SIC in the data center, and not on the back end on renewables and anything like that, but on the rack or on the board itself, because we're hearing all sorts of things recently that that's starting to happen, and obviously that would be kind of an exciting development for the SIC market in TAM.