Benchmark Lists Impact Of Russia-Ukraine Crisis On Semiconductor Industry

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  • Benchmark analyst Mark Miller observed how the Russia -Ukraine crisis affected the semiconductor manufacturing industry.
  • Coherent Inc COHR and MKS Instruments Inc MKSI (MKS) felt the pinch as gas lasers producers, which play an essential role in semiconductor manufacturing. 
  • ASML Holding NV ASML, the producer of excimer lasers used in EUV lithography tools, has also felt the pinch. 
  • Semiconductor manufacturing efforts consumed ~75% of the worldwide neon supply. Interestingly, Ukraine provided ~50% of the world's neon, 70% of semi-grade neon, and about 40% of the world's krypton. 
  • The gas supply crisis could boil down to the chip manufacturers and equipment companies, and automotive industries.
  • Miller has a Hold rating on Coherent and a Buy rating on MKS Instruments.
  • Price Action: MKSI shares traded lower by 3.87% at $145.93 on the last check Thursday.
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