IPG Photonics IPGP

SemiconductorsMarket cap $8B3 connections

IPG Photonics is the world's leading maker of high-power fiber lasers used for industrial cutting, welding, and medical procedures. Its ytterbium fiber lasers cut metal with precision impossible by mechanical means. IPG's lasers are inside every modern EV battery manufacturing line, cutting and welding battery cells at scale.

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Customers 3

Companies IPG Photonics sells to

TeslaAutomotive · $800BIPG fiber lasers weld Tesla battery cells
General MotorsAutomotive · $55BIPG lasers cut and weld GM EV battery packs
FordAutomotive · $50BIPG photonics lasers in Ford Mustang Mach-E production

Other Semiconductors companies

NVIDIA TSMC Broadcom Samsung ASML AMD Qualcomm Intel Texas Instruments Applied Materials

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