--- title: "Trio-Tech Gains After Q3 Results Highlight AI, EV Chip Demand" type: "News" locale: "en" url: "https://longbridge.com/en/news/286594746.md" description: "Trio-Tech shares surged 31.81% to $18.48 after reporting Q3 2026 results, with revenue rising to $16.511 million, driven by AI and EV chip testing demand. The company narrowed its net loss to $38,000 and improved operating loss. Trio-Tech raised $10 million for expansion and signed a lease for additional testing capacity in Malaysia. CEO S.W. Yong highlighted the company's strong position in semiconductor reliability amid market risks." datetime: "2026-05-15T16:27:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286594746.md) - [en](https://longbridge.com/en/news/286594746.md) - [zh-HK](https://longbridge.com/zh-HK/news/286594746.md) --- # Trio-Tech Gains After Q3 Results Highlight AI, EV Chip Demand **Trio-Tech International ( TRT )** shares spiked after it reported fiscal third-quarter 2026 results on Thursday. The semiconductor testing company reported strong revenue growth, driven by demand for AI and automotive chips for EVs. Sales rose to $16.511 million from $7.384 million a year earlier. The company did not provide analyst estimates for revenue or earnings. ## Profitability Improves Despite Margin Pressure GAAP net loss attributable to common shareholders narrowed to $38,000, or approximately breakeven per diluted share, from a net loss of $495,000, or $0.06 per diluted share, in the prior-year quarter. Operating loss improved to $81,000 from $343,000 a year earlier. Gross margin rose to $2.6 million from $2 million, while margin percentage declined to 16% from 27% due to a higher mix of lower-margin testing services. Semiconductor Back-End Solutions revenue climbed 141% year over year to $13.1 million from $5.4 million, driven by higher testing volumes. Industrial Electronics revenue increased 76% to $3.4 million from $2 million, supported by industrial, commercial and aerospace-related demand. ## Liquidity And Expansion Plans Cash, cash equivalents, short-term deposits, and restricted cash totaled $18.3 million as of March 31, 2026, compared with $19.5 million as of June 30, 2025. Following the quarter, Trio-Tech raised about $10 million through a registered direct equity offering to support working capital and expand AI and automotive-related testing capacity. The company announced about $5.3 million in Burn-In Board orders tied to a next-generation AI GPU platform and later received an additional $2.5 million in orders. Trio-Tech also signed a lease for an additional 104,000 square feet in Malaysia to expand its capacity for AI-related testing services. ## Outlook And Risks Trio-Tech CEO **S.W. Yong** said Trio-Tech is “well-positioned as a key partner for semiconductor reliability,” particularly for customers in the AI and EV automotive markets. The company expects increased demand for semiconductor back-end testing services and cited risks including semiconductor volatility, tariffs, U.S.-China trade tensions, currency fluctuations, and regulatory changes. **Read Also: The Great Chip Letdown: Why The Trump-Xi Summit Just Tanked NVIDIA And Intel** **Price Action:** TRT shares were trading 31.81% higher at $18.48 at the time of publication on Friday. _Image: Shutterstock_ ### Related Stocks - [TRT.US](https://longbridge.com/en/quote/TRT.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [AI face is taking over — and driving plastic surgeons crazy](https://longbridge.com/en/news/286641783.md) - [AI disruptor listed on CNBC 50 for third year in a row.](https://longbridge.com/en/news/286901079.md) - [Jack Antonoff tells people who are making AI art to 'drive right off that cliff'](https://longbridge.com/en/news/286592426.md) - [How Beaten-Down Tempus AI Stock Offers a Lottery Ticket for Traders Here](https://longbridge.com/en/news/286786866.md) - [Intelligent Protection Management Corp. Launches IPM Private Cloud AI Offering | IPM Stock News](https://longbridge.com/en/news/286896871.md)