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Besi makes advanced machines that assemble and package tiny computer chips.
BE Semiconductor Industries, or Besi, sells the machines that put the finishing touches on computer chips. After a chip is made, it still needs to be cut apart, connected to tiny wires, and sealed in a protective package so it can sit on a circuit board. Besi builds the equipment that does this "assembly" work, called die attach, and also the gear that leaves a perfect mirror-like polish on silicon wafers. Its customers are the big chip factories and packaging companies, mostly in Asia, plus the makers of the most advanced logic and memory chips. They pay Besi millions per machine because these tools do precision work at a scale no human hand can match.
Think of it as the company that builds the robots that put the Lego bricks of a computer chip together — the final step before the chip goes into your phone or a data center.
The most exciting part of Besi's story right now is something called hybrid bonding. This is a way of stacking chips directly on top of each other, metal to metal, with no solder bumps in between. It lets chipmakers pack more computing power into a smaller space, which is exactly what AI and high-end phones need. Besi is one of the few companies that makes the machines for this, and it has been shipping them to major chipmakers. That new business is small today but is expected to grow fast, and it is why investors pay close attention to Besi even though its overall sales swing up and down with the chip cycle. The company also returns a lot of cash to shareholders through dividends and share buybacks, and it has bought smaller companies over the years to add new packaging technologies. It was spun out of a Dutch electronics giant decades ago and is now listed in Amsterdam and on the Nasdaq, but its heart is still in the Netherlands, where it designs the machines that help the world's chips get their final shape.
Saved answer · last researched 11 Oct 2026
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