Semiconductor Equipment

Alphabet's (NASDAQ: GOOGL) is steadily moving toward attaining its zero-carbon goals. Reportedly, its division Google partnered with NV Energy, a utility company owned by Berkshire Hathaway, to power its data centers located in Nevada with geothermal electricity. Google strives to boost the...

Lam Research Corp (NASDAQ: LRCX) reported quarterly earnings of $6.85 per share, which beat the consensus estimate of $6.07.  The company reported quarterly sales of $3.48 billion, which beat the analyst consensus estimate of $3.41 billion, a 31.38% decrease over sales of $5.07 billion...

Needham analyst Charles Shi is remarkably bullish on the Wafer Fab Equipments (WFE) sector, projecting growth of global wafer starts by 10% in 2024 and 14% in 2025 after a 13% slump in 2023.  Shi estimates that in 2025, WFE will reach $100 billion in total addressable...

Advanced Micro Devices Inc (NASDAQ: AMD) stock closed higher along with its peers Thursday, following upbeat quarterly results from Lam Research Corp (NASDAQ: LRCX) and Meta Platforms, Inc (NASDAQ: META). Rosenblatt analyst Hans Mosesmann reiterated AMD...

Gainers Femasys Inc. (NASDAQ: FEMY) gained 54% to $0.55. Femasys reported a notice of allowance for new U.S. patent application covering use of FemBloc for female permanent birth control. Ultralife Corporation (NASDAQ: ULBI) shares jumped 43.4% to $7.07 after the company posted better-than-...

Citigroup raised the price target for Cintas Corporation (NASDAQ: CTAS) from $540 to $550. Citigroup analyst Leo Carrington downgraded the stock from Buy to Neutral. Cintas shares fell 0.8% to $503.43 in pre-market trading. Stifel raised Lam Research Corporation (NASDAQ: LRCX) price target...

Wars typically dislocate market valuations and supply chains across many industries; in today's environment, the main clash is between two leading economies. While not a physical war itself, the United States and China are battling in what is being called the 'Chip War.' This conflict...

Chinese chip equipment makers Advanced Micro-Fabrication Equipment Inc, and Naura Technology Group Co, expect a doubling in profits after the U.S. tech embargo forced manufacturers to seek domestic alternatives. Advanced Micro-Fab said net income for the first half likely grew 110...

U.S. stocks traded lower, with the Dow Jones dropping around 100 points on Thursday. Here are some big stocks recording gains in today’s session. Studio City International Holdings Limited (NYSE: MSC) shares rose 20% to $9.20. XPO, Inc. (NYSE: XPO) climbed 15.4% to $39.92 as the company said...

Citigroup analyst Atif Malik downgrades Wolfspeed Inc (NYSE: WOLF) from Buy to Neutral and lowers the price target from $95 to $66.  Though he remains optimistic about the growth of the silicon carbide market, he worries that other electric vehicle makers may follow ...

Taiwan Semiconductor Manufacturing Company Ltd (NYSE: TSM) Chair Mark Liu called on the island to produce more equipment essential to advanced chipmaking. Taiwan could tap the opportunities arising from the U.S. tech embargo on China, he told a conference organized by the Taiwan Semiconductor...

Shares of semiconductor equipment manufacturer Lam Research Corp (NASDAQ: LRCX) are moving lower in Wednesday's after-hours session after the company reported fiscal second-quarter financial results. What Happened: Lam Research said second-quarter revenue was up 4%...

Let's take a market minute to get ahead of what you should be watching this week. So far, we’ve already had a look at some 10% of S&P 500 companies’ quarterly results, but this week nearly 90 more will open their books to investors, among them Microsoft (NASDAQ: MSFT), Tesla (...

Wells Fargo analyst Joseph Quatrochi maintained KLA Corp (NASDAQ: KLAC) with an Overweight and raised the price target from $360 to $420. Post-market close on December 6, KLA launched the Axion T2000 metrology system, which leverages x-ray to measure complex vertical...

Lam Research Corp (NASDAQ: LRCX) completed the acquisition of SEMSYSCO GmbH, a global provider of wet processing semiconductor equipment, from Gruenwald Equity and other investors. The financial terms of the transaction remain undisclosed. With the addition of SEMSYSCO, Lam gains...