Camtek Ltd.

What does Camtek make?
Camtek makes automated optical inspection (AOI) and metrology systems for the semiconductor industry. The company's products are used to detect defects, measure critical dimensions, and characterize surface properties of semiconductor wafers and packages. Camtek's equipment is particularly important in advanced packaging applications including 2.5D and 3D packaging, fan-out wafer-level packaging, and chip-on-wafer-on-substrate.

Is Camtek publicly traded?
Yes, Camtek Ltd. is listed on both NASDAQ and the Tel Aviv Stock Exchange (TASE) under ticker CAMT. The company has a broad institutional and retail shareholder base with no single controlling shareholder.

Who founded Camtek?
Camtek was founded in 1987 in Israel by Rafi Ziv. The company was initially focused on automated optical inspection for the printed circuit board industry before expanding into semiconductor inspection in the 1990s.

Where is Camtek headquartered?
Camtek is headquartered in Migdal HaEmek, Israel, in the northern part of the country. The company operates R&D and manufacturing facilities in Israel and has sales and service offices in the United States, Taiwan, South Korea, China, Japan, and other major semiconductor markets.

Why has Camtek grown rapidly?
Camtek has benefited significantly from the growth of artificial intelligence computing, which drives demand for advanced packaging technologies including high-bandwidth memory (HBM) and chip-on-wafer-on-substrate (CoWoS). These advanced packaging technologies require precise inspection and metrology equipment, which Camtek provides. The company's revenue and stock price have grown substantially as AI-driven semiconductor demand has accelerated.

Who owns Camtek?
Camtek Ltd. is publicly traded on NASDAQ and TASE with a broad institutional and retail shareholder base. No single shareholder holds a controlling stake. Rafi Amit serves as CEO.

Camtek was founded in 1987 in Israel by Rafi Ziv. The company was established to develop automated optical inspection systems for the printed circuit board (PCB) industry, addressing the growing need for automated quality control in electronics manufacturing.

Camtek expanded into semiconductor inspection in the 1990s, developing AOI systems for semiconductor wafer inspection. The company listed on NASDAQ and the Tel Aviv Stock Exchange, providing capital for international expansion and R&D investment.

Through the 2000s and 2010s, Camtek focused increasingly on the semiconductor market, developing advanced inspection and metrology systems for a growing range of semiconductor applications. The company expanded its product portfolio to address advanced packaging, MEMS, CMOS image sensors, and other specialized semiconductor segments.

Camtek experienced significant growth in the early 2020s, driven by strong demand for advanced packaging inspection equipment. The growth of artificial intelligence computing drove demand for high-bandwidth memory (HBM) and other advanced packaging technologies, which in turn drove demand for Camtek's inspection and metrology systems.

For full-year 2024, Camtek reported revenue of approximately $400 million, reflecting continued strong demand from advanced packaging customers. The company's stock has significantly outperformed the broader semiconductor equipment sector, driven by its exposure to the AI-driven advanced packaging market.

Environmental Commitment

Camtek is committed to reducing its environmental footprint through:

• Energy Efficiency: Continuous improvement in energy consumption across facilities
• Water Management: Reduced water consumption by 42% from 2022 to 2024 (7,853 m³ in 2024)
• Carbon Footprint: Achieved 15% reduction in carbon emissions from 2022-2024
• Waste Reduction: Implementing comprehensive waste reduction programs
• Certifications: ISO 14001:2015 (environmental) and ISO 45001:2018 (health & safety) certified

Social Responsibility

• Employee Diversity: Women in new hires increased from 6% (2021) to 19% (2024)
• Community Engagement: Supports education, environmental preservation, and community welfare programs
• Health & Safety: Maintains comprehensive EHS policies and procedures
• Ethical Practices: Operates under a formal Code of Ethics and Business Conduct

Corporate Governance

• Public Company: Listed on NASDAQ and TASE with transparent governance practices
• Audit Committee: Independent audit committee oversight
• Compliance: Adheres to all applicable standards, laws, and regulations
• Ethical Business: Committed to ethical practices and corporate governance standards

• Intel's 2025 EPIC Supplier Award
• ISO Certifications:
  • ISO 14001:2015 (Environmental Management)
  • ISO 45001:2018 (Health & Safety)
  • ISO 9001:2015 (Quality Management)

Camtek, as an Israeli semiconductor equipment company, is subject to export control regulations that govern the sale of advanced semiconductor equipment to certain countries, particularly China. The tightening of US export controls on semiconductor technology to China has created uncertainty for Camtek regarding its ability to sell equipment to Chinese customers.

The company has also faced scrutiny regarding its exposure to the cyclical nature of semiconductor capital spending, which can cause significant revenue volatility.