Feb 22 (Reuters) - Dutch chipmaking equipment supplier BE Semiconductor Industries beat its quarterly targets on Thursday, boosted by strong demand for hybrid bonding technology, photonics and other parts used in AI-related computing applications.

The assembly equipment maker reported a gross profit margin of 65.1% for the fourth quarter of 2023, on revenue of 159.6 million euros ($172.9 million), up 29.4% compared to the previous three months.

That exceeded the company's guidance for a gross margin of between 62% and 64% and quarter-on-quarter revenue growth of 15% to 25%. ($1 = 0.9232 euros) (Reporting by Dagmarah Mackos in Gdansk; editing by Milla Nissi)