F

FormFactor

Produces probe cards and test systems

Lead Mechanical Design Engineer

Full-TimeUpdated on 10/23/2026
$94.1k - $123.5k/yr+ Quarterly profit-sharing bonuses + 401(k) match + Employee stock purchase plan
Mid, Senior
Bachelor's, Master's, PhD
Beaverton, OR, USA
In Person
Mechanical EngineeringDesign Engineering

About the job

Requirements
  • Demonstrated expertise in precision motion systems, positioning stages, servo systems, actuators, encoders, and advanced mechanical mechanisms.
  • Strong experience with semiconductor equipment, preferably wafer probers, precision test systems, or related capital equipment.
  • Experience designing wafer chuck systems, wafer alignment methodologies, and wafer positioning architectures.
  • Strong understanding of mechanical dynamics, structural stiffness, vibration control, thermal stability, precision positioning systems, and tolerance analysis.
  • Experience integrating mechanical, electrical, sensor, controls, and software subsystems into complex electromechanical platforms.
  • Proven ability to lead complex technical projects and influence engineering decisions across multiple disciplines.
  • Experience with chuck controllers, force and position control systems, closed-loop feedback architectures, linear motors and servo systems, air bearings and precision stages, flexure-based mechanisms, and high-performance encoder technologies.
  • Knowledge of vibration isolation systems, modal analysis, and dynamic modeling techniques.
  • Experience with high-precision optical alignment, metrology, probing, or test systems.
  • Customer-facing experience supporting installation, qualification, production ramp, and continuous improvement activities within semiconductor fabrication environments.
  • Experience utilizing SolidWorks, Creo, finite element analysis tools, MATLAB, Simulink, or equivalent engineering analysis software.
  • Mechanical design, probe stations, servo controls, vibration analysis, vibration control, vibration monitoring, vibration testing, and wafer probing.
  • At least 5 years of related experience with a Bachelor's degree, or 3 years with a Master's degree, or a PhD without experience, or equivalent work experience.
Responsibilities
  • Define and own the mechanical architecture for advanced semiconductor wafer probing and test systems.
  • Architect precision motion and positioning solutions, including X/Y/Z/θ stages, positioners, actuators, flexures, bearings, guide systems, and encoder technologies.
  • Lead the design of wafer handling, wafer support, alignment, and chucking systems to achieve high precision and repeatability.
  • Establish system-level mechanical performance requirements, specifications, and design targets.
  • Lead wafer chuck and chuck-control architecture, including wafer support, vacuum distribution, thermal management, Z-height control, planarity, and alignment mechanisms.
  • Develop solutions that optimize probing accuracy, contact consistency, thermal performance, and wafer protection.
  • Evaluate and improve chuck performance through modeling, testing, and experimental validation.
  • Collaborate with controls teams to optimize force control, position control, and closed-loop performance.
  • Design and optimize high-performance motion systems utilizing servo motors, linear motors, encoders, air bearings, precision guideways, and advanced mechanical mechanisms.
  • Partner with Controls Engineering to develop integrated motion-control and feedback systems that meet dynamic performance requirements.
  • Support selection, integration, and qualification of sensors, actuators, and control hardware.
  • Drive system-level optimization of motion profiles, positioning accuracy, repeatability, and throughput.
  • Analyze and resolve vibration, resonance, stiffness, thermal stability, and mechanical dynamic challenges.
  • Perform and guide finite element analysis, modal analysis, tolerance analysis, and thermal-mechanical simulations.
  • Develop design solutions that maximize precision while maintaining manufacturability, reliability, and cost effectiveness.
  • Establish design methodologies and best practices for precision mechanical systems.
  • Lead mechanical architecture activities from concept development through prototype validation, qualification, release, and production ramp.
  • Evaluate design tradeoffs involving performance, manufacturability, reliability, serviceability, scalability, and cost.
  • Drive root cause investigations and resolve complex technical issues affecting product performance or customer operations.
  • Support New Product Introduction programs and technology roadmaps.
  • Provide system-level leadership across mechanical, electrical, controls, software, optical, automation, and manufacturing disciplines.
  • Drive technical decision-making through engineering analysis, experimental validation, and data-driven methodologies.
  • Participate in design reviews and provide technical oversight on critical subsystem and system-level decisions.
  • Collaborate with suppliers, development partners, and manufacturing teams to ensure successful implementation of designs.
  • Support customer installations, system qualification activities, factory acceptance testing, and production ramp efforts.
  • Investigate and resolve complex field issues involving precision positioning, wafer handling, motion control, and mechanical performance.
  • Partner with customers and internal teams to identify future technology requirements and performance improvements.
  • Serve as a technical mentor and subject matter expert for mechanical engineering teams.
  • Guide engineering standards, design practices, architecture reviews, and technology development initiatives.
  • Influence long-term product architecture and engineering strategy through technical leadership and innovation.
  • Lead complex engineering initiatives and cross-functional projects with significant business impact.
Desired Qualifications
  • Experience with semiconductor equipment, preferably wafer probers, precision test systems, or related capital equipment.

About the company

FormFactor provides test and measurement tools for ICs across the semiconductor lifecycle. Its products include probe cards, probe stations, analytical probes, and thermal/cryogenic subsystems that connect devices under test to measurement equipment for wafer-level testing. The company differentiates itself through a broad, integrated portfolio built via acquisitions like MicroProbe, Cascade Microtech, FRT, and Advantest’s probe card assets, enabling end-to-end wafer testing from R&D to production for DRAM, NAND Flash, SoCs, and high-frequency applications. Its goal is to help semiconductor customers optimize device performance, improve yields, and speed time to profitability by supplying reliable test interfaces and measurement systems.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Livermore, California

Founded

1995

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Simplify's Take

What believers are saying

  • FormFactor joined S&P MidCap 400 on October 1, 2026, expanding institutional ownership.
  • Texas granted $24.2 million on July 2, 2026, funding a 600-job Farmers Branch plant.
  • Q2 2026 revenue hit $258.2 million; management raised Q3 guidance to $270 million.

What critics are saying

  • SK hynix drove 24.3% of Q2 2026 revenue; a slowdown hits FormFactor immediately.
  • Taiwan and South Korea generated about 65% of Q2 2026 revenue, increasing geopolitical exposure.
  • Farmers Branch capacity constrains orders until 2027; missed CPU demand hands share to competitors.

What makes FormFactor unique

  • FormFactor’s MicroSpring probe cards test wafer-level chips before packaging, cutting scrap and rework.
  • Its HBM probe-card franchise serves SK hynix, TSMC, Samsung, Micron, and Intel.
  • FormFactor now spans electrical, thermal, and optical testing, including Pharos and cryogenic systems.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Employee Stock Purchase Plan
  • Paid Vacation
  • Profit Sharing
  • Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

6 month growth

7%

1 year growth

9%

2 year growth

9%
GlobeNewswire
Oct 22nd, 2026
FormFactor opens Farmers Branch manufacturing facility to support growing demand for advanced probe card technologies.

FormFactor opens Farmers Branch manufacturing facility to support growing demand for advanced probe card technologies. Strategic investment enhances manufacturing scale, operational flexibility, and customer support as semiconductor test requirements continue to advance. LIVERMORE, Calif., Oct. 22, 2026 (GLOBE NEWSWIRE) - FormFactor, Inc. (Nasdaq: FORM), a leading provider of semiconductor test and measurement technologies, today announced the opening of its Farmers Branch manufacturing facility, marking an important milestone in the company's strategy to expand manufacturing capacity, strengthen operational flexibility, and support growing demand for advanced semiconductor test technologies. "The opening of our Farmers Branch facility marks an important milestone for FormFactor, expanding our capabilities and capacity to fuel our future growth," said Missy Figueroa, Senior Vice President, Global Operations at FormFactor. "This investment expands our ability to serve customers worldwide with greater scale, flexibility, and speed, while strengthening our ability to manufacture enabling semiconductor test and measurement technology in the United States." As semiconductor devices become increasingly complex, test requirements to ensure performance, yield, and reliability continue to intensify. The rapid adoption of advanced packaging to enable high-performance compute silicon, including GPUs, custom ASICs, and high-bandwidth memory (HBM), is driving extraordinary demand for advanced semiconductor test solutions. The Farmers Branch investment enhances FormFactor's ability to support these trends by expanding production capacity for advanced probe card technologies and helping customers address rising test complexity as they develop next-generation semiconductor devices. "As semiconductor innovation accelerates, advanced test technologies play an essential role in enabling device performance, yield, and production readiness," said Mike Slessor, Chief Executive Officer of FormFactor. "The opening of our Farmers Branch facility reflects our commitment to investing in the capabilities and technology leadership needed to support our customers as they develop the next generation of semiconductor technologies." At the probe card level, increasing device complexity is placing greater demands on test performance and capability. "Our focus is on advancing probe card technologies that deliver the best performance and scalability our customers need to address evolving test challenges and enable their next-generation high-performance compute roadmaps," said Sudhakar Raman, Senior Vice President and General Manager of FormFactor's Probes Business Unit. The facility is part of FormFactor's global manufacturing and operations network serving customers throughout Asia, Europe, and North America. The investment reflects the company's continued confidence in the long-term growth of the semiconductor industry and the increasing importance of advanced test and measurement technologies in enabling future innovation. About FormFactor FormFactor, Inc. (Nasdaq: FORM) is a leading provider of essential test and measurement technologies along the full IC life cycle - from characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company's website at www.formfactor.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws. These statements are based on management's current expectations and beliefs as of the date of this release and are subject to a number of risks and uncertainties, many of which are beyond the Company's control, that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding customer demand, industry growth, manufacturing capacity, operational capabilities, advanced packaging trends, market opportunities, and the Company's plans, strategies, and objectives for future operations. Forward-looking statements may contain words such as "may," "might," "will," "expect," "plan," "anticipate," "forecast," "continue," and similar expressions and include the assumptions that underlie such statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in demand for the Company's products; customer-specific demand; market opportunities; anticipated industry trends; manufacturing and supply chain dynamics; labor availability; changes in macroeconomic conditions; export controls, tariffs, and other trade barriers; geopolitical developments; and other factors, including those set forth in the Company's most current Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the U.S. Securities and Exchange Commission. No assurances can be given that any of the events anticipated by the forward-looking statements within this press release will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company. Unless required by law, the Company undertakes no obligation to update or revise any forward-looking statements. Investor Contact Stan Finkelstein Investor Relations (925) 290-4273 [email protected]

ICO Optics
Oct 12th, 2026
Teradyne invests $300M in FormFactor for advanced semiconductor testing.

Teradyne invests $300M in FormFactor for advanced semiconductor testing. This post contains affiliate links, and I will be compensated if you make a purchase after clicking on my links, at no cost to you. FormFactor Inc. and Teradyne have recently announced a sweeping technology partnership designed to revolutionize next-generation semiconductor testing devices. As a core component of this strategic collaboration, Teradyne has committed a substantial $300 million equity investment into FormFactor. This powerful alliance aims to upgrade test architectures, streamline testing infrastructure, and boost production readiness. Both companies seek to target high-performance computing and silicon photonics applications through their combined industry expertise. Table of Contents Strategic technology alignment. The collaboration bridges FormFactor's exceptional probing and interface solutions with Teradyne's automated testing platforms. Together, they intend to tackle complex engineering hurdles across the entire semiconductor supply chain. For more background on industry developments, you can check out its latest optics articles. Driving advanced computing and photonics. Modern workloads demand rigorous testing standards that single entities struggle to achieve independently. This joint venture provides a validated pathway to high-volume manufacturing for cutting-edge silicon architectures. Ecosystem impact and innovation. The partnership strengthens the production ecosystem from wafer processing to data center deployment. Industry experts can stay updated on market changes by following regular optics news updates. Valuation and market dynamics. FormFactor currently trades at $130.28, which sits far above its intrinsic GF Value estimate of $59.76. Despite this high valuation, the company maintains a robust GF Score of 75 out of 100 backed by solid financial health. However, the trailing twelve months price-to-earnings ratio has climbed to 89.29x. This figure represents more than double the historical five-year median for the firm. Insider sentiments versus institutional confidence. Over the past year, company insiders have offloaded approximately $22.1 million in shares with zero recorded insider buying. To explore deeper analyses on related technology hardware, readers can browse various product reviews. Conversely, institutional guru activity remains net positive as multiple major investors increase their respective stakes. Stakeholders must weigh these long-term prospects against immediate valuation metrics and insider transactions. Additional Reading:

Yahoo Finance
Oct 12th, 2026
FormFactor shares rise 3.6% as Teradyne invests $300M in chip testing partnership

FormFactor shares rose 3.6% in after-hours trading Monday after the company announced a technology collaboration with Teradyne, which will buy $300 million of its common stock. The deal is subject to customary closing conditions and regulatory approvals. The Livermore, California, company makes semiconductor test and measurement technologies. It will pair its probe and interface products with Teradyne's automated test platforms. The work will target test systems for high-performance compute, advanced packaging, high-bandwidth memory, and silicon photonics. The companies said it will support joint customer engagement and meet demand for advanced computing and AI infrastructure. "The most demanding test challenges in advanced packaging, silicon photonics, and memory can't be solved by a single company," said Teradyne chief executive officer Gregory Smith.

GlobeNewswire
Oct 12th, 2026
FormFactor and Teradyne announce strategic collaboration to accelerate next-generation semiconductor testing.

FormFactor and Teradyne announce strategic collaboration to accelerate next-generation semiconductor testing. Companies to combine leadership in probe, interface, and test technologies to accelerate AI and high-performance compute deployments. LIVERMORE, Calif., Oct. 12, 2026 (GLOBE NEWSWIRE) - FormFactor, Inc. (Nasdaq: FORM), a leading provider of semiconductor test and measurement technologies, and Teradyne, Inc. (Nasdaq: TER), a leading provider of automated test equipment and advanced robotics, today announced the two companies have entered into a broad technology collaboration aimed at accelerating the development, validation, and high-volume production deployment of next-generation semiconductor devices. In addition, Teradyne has agreed to purchase shares of FormFactor common stock. The collaboration brings together FormFactor's industry-leading expertise in probe technologies, interface solutions, test engineering, and device characterization with Teradyne's advanced automated test platforms to help customers address growing semiconductor complexity. Together, the companies will partner to advance semiconductor test architectures, optimize test infrastructure, and enhance production readiness for existing and emerging applications, including high-performance compute (HPC), advanced packaging, high-bandwidth memory (HBM), and silicon photonics. "The semiconductor industry is entering a period where test performance, scalability, and time-to-market are becoming decisive competitive advantages," said Mike Slessor, Chief Executive Officer of FormFactor. "By combining FormFactor's deep expertise in device characterization, probing, interfaces, and production test solutions with Teradyne's test platforms, we can help customers accelerate innovation and move more efficiently from technology development to high-volume manufacturing." "The most demanding test challenges in advanced packaging, silicon photonics, and memory can't be solved by a single company," said Gregory Smith, President and Chief Executive Officer of Teradyne. "By investing in FormFactor and combining our leading-edge test platforms with FormFactor's probe and interface expertise, we're building a more complete, validated path to production for our shared customers, and reinforcing our commitment to an open, interoperable ecosystem." The companies believe the collaboration will accelerate innovation across the semiconductor test ecosystem from wafer to data center, expand opportunities for joint customer engagement, and support increasing demand for advanced computing, AI infrastructure, and next-generation semiconductor technologies. Under the terms of the agreement, Teradyne has agreed to make a $300 million strategic equity investment. The transaction is subject to customary closing conditions and regulatory approvals. Safe Harbor Statement This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws, including statements regarding the expected benefits and anticipated results of the collaboration between Teradyne and FormFactor, and the anticipated timing and consummation of Teradyne's investment in FormFactor. Investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements due to known and unknown risks, uncertainties, assumptions, and other factors. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and Teradyne and FormFactor disclaim any obligation to update these forward-looking statements to reflect future events or circumstances. About FormFactor FormFactor, Inc. (Nasdaq: FORM) is a leading provider of essential test and measurement technologies along the full IC life cycle - from characterization, modeling, reliability, and design de-bug to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit www.formfactor.com Investor Relations Contact for FormFactor, Inc. Stan Finkelstein Investor Relations (925) 290-4273 [email protected] About Teradyne Teradyne (Nasdaq: TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its semiconductor and electronics test solutions span the full AI device supply chain, from wafer to data center, enabling customers to meet the quality and reliability standards the AI era demands. Its advanced robotics business deploys intelligent automation across manufacturing, logistics, and data center operations for customers worldwide. For more information, visit www.teradyne.com.Teradyne(R) is a registered trademark of Teradyne, Inc., in the U.S. and other countries. Investor Relations Contact for Teradyne, Inc.

Beaverton Valley Times
Sep 30th, 2026
FormFactor announces participation in 18th Annual CEO Investor Summit 2026.

FormFactor announces participation in 18th Annual CEO Investor Summit 2026. GlobeNewswire | FormFactor, Inc. Today at 1:01pm PDT LIVERMORE, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) - FormFactor, Inc. (NASDAQ: FORM), today announced management's participation in the 18th Annual CEO Investor Summit 2026, being held Tuesday, October 13th at the St. Regis Hotel in San Francisco, California. The presentation material utilized during the CEO Investor Summit will be made accessible on the events page of the Company's website at www.formfactor.com. About the 18th Annual CEO Investor Summit 2026 The CEO Investor Summit is held annually each year during the SEMICON West industry trade show. Collectively hosted and funded by participating companies, the CEO Investor Summit features a "round-robin" format consisting of small group meetings with company management teams. During the event, investors and analysts will have the opportunity to meet with the majority of the 11 management teams during the small group meeting sessions and networking events. The 11 management teams collectively hosting the 18th Annual CEO Investor Summit 2026 include: ACM Research (ACMR), Aehr Test Systems (AEHR), Alpha & Omega Semiconductor (AOSL), Cohu, Inc. (COHU), FormFactor (FORM), Ichor Systems (ICHR), InTEST Corporation (INTT), Kulicke & Soffa (KLIC), Photronics (PLAB), QuickLogic (QUIK) and SkyWater Technology (SKYT), an IonQ company (IONQ). B. Riley Securities, Jefferies and Stifel are sponsors of the conference. Attendance at the CEO Investor Summit is by invitation only and is available solely to accredited investors and publishing research analysts. As space is limited, please RSVP early. Hosts reserve the right to limit attendance as necessary. Last day for registration is October 2, 2026. RSVP Contacts for 18th Annual CEO Investor Summit 2026 To RSVP for the CEO Investor Summit, please visit the CEO Summit Events website or contact either of the event co-chairs: Laura J. Guerrant-Oiye Phone: (808) 960-2642 Email: [email protected] About FormFactor: FormFactor, Inc. (NASDAQ: FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle - characterization, modeling, reliability, and design de-bug, to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company's website at www.formfactor.com. Investor Contact: Stan Finkelstein Investor Relations (925) 290-4321 [email protected] This is a paid placement. For further inquiries, please contact GlobeNewswire directly.