BEVERLY, Mass., March 20, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today multiple shipments of the Company's Purion M™ SiC medium current implanter to several leading power device chipmakers located in China. The systems, which shipped in the first quarter, will be used for 150mm production of silicon carbide power devices supporting automotive, industrial, energy, and other power inten ...

The latest trading session saw Axcelis Technologies (ACLS) ending at $111.16, denoting a +0.86% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.57%. At the same time, the Dow added 0.83%, and the tech-heavy Nasdaq gained 0.39%.The semiconductor services company's shares have seen a decrease of 5.63% over the last month, not keeping up with the Computer and Technology sector's gain of 3.42% and the S&P 500's gain of 2.97%.Analysts and investors ali ...

Core Viewpoint - Nvidia is a leading player in the AI revolution, with a market capitalization of $2.2 trillion, significantly boosted by its data center chips for AI workloads, but other semiconductor companies like AMD and Axcelis also present strong investment opportunities [1] Group 1: AMD's Position in the Market - AMD is emerging as a competitor to Nvidia in the data center segment, shipping its MI300 lineup of data center chips designed for AI workloads, which directly competes with Nvidia's H100 GPU [2][3] - The MI300A has been selected by the Lawrence Livermore National Laboratory for its El Capitan supercomputer, expected to be the fastest globally, indicating strong commercial demand from major data center operators like Oracle, Microsoft, and Meta Platforms [3] - AMD's data center revenue is projected to soar, with a forecasted $3.5 billion contribution from the MI300 series in its first full year of sales, making 2024 a potentially record year for the company [4] Group 2: Axcelis Technologies' Role - Axcelis Technologies manufactures ion implantation equipment critical to chip fabrication, with significant demand driven by the electric vehicle industry and producers of silicon carbide power devices [5][6] - The company generated a record $1.13 billion in revenue in 2023, a 22.9% year-over-year increase, and ended the year with a $1.2 billion order backlog, indicating strong prospects for 2024 [7] - Axcelis' stock trades at a P/E ratio of 14.6, which is a 59% discount compared to the iShares Semiconductor ETF's P/E ratio of 35.6, suggesting it is undervalued relative to the industry [7]

Fool.com contributor Parkev Tatevosian has selected one artificial intelligence (AI) stock that is an excellent value at current prices. *Stock prices used were the afternoon prices of March 13, 2024. The video was published on March 15, 2024. ...

In the latest trading session, Axcelis Technologies (ACLS) closed at $112.48, marking a +0.51% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.11% for the day. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, lost 0.41%.The the stock of semiconductor services company has fallen by 10.7% in the past month, lagging the Computer and Technology sector's gain of 1.42% and the S&P 500's gain of 2.7%.The upcoming earnings release of Axcelis Technologies ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Axcelis Technologies (ACLS) .Axcelis currently has an average brokerage re ...

Investing in small-cap stocks to turn $5K into $100K may seem like a pipe dream. This is because an overwhelming majority of small cap companies remain unprofitable. However, a segment of best in-class small-cap stocks holds tremendous potential. While these stocks can be more volatile and less liquid than their larger counterparts, they present unique opportunities for growth-oriented investors. These companies have their own unique characteristics and are well positioned for revenue and EPS growth over th ...

The artificial intelligence (AI) and accelerated computing bull market continues to build a head of steam. Investors can't get enough of leaders like Nvidia (NASDAQ: NVDA) that are crafting next-generation computing systems.But for some investors, the price tags on stocks like Nvidia may have gotten too high to stomach. That's OK. There are some far smaller AI-related businesses trading at relatively attractive valuations that might suit long-term investors. Two such small AI stocks worth a look at right no ...

Core Insights - Axcelis Technologies, Inc. has elected Gregory Graves and Necip Sayiner to its Board of Directors, enhancing its leadership in the semiconductor industry [1][2] Group 1: New Board Members - Gregory Graves has extensive experience in the semiconductor sector, having served as CFO of Entegris, Inc. from 2007 to 2023, and held various roles in investment banking and corporate development [1] - Necip Sayiner has held significant positions in the semiconductor industry, including executive vice president at Renesas Electronics and CEO of Intersil Corporation, bringing a wealth of knowledge to Axcelis [2] Group 2: Company Overview - Axcelis has been a key player in the semiconductor industry for over 45 years, focusing on innovative, high-productivity solutions, particularly in ion implantation systems [3]

Valued at $591.8 billion in 2022, the global semiconductor market is expected to reach $1.88 trillion by 2032, exhibiting a CAGR of 12.28%. The rising penetration of digital technologies largely propels this growth, rapid adoption of AI and growing demand in the industrial and automotive industries have largely propelled this growth. This data demonstrates that semiconductor usage will continue to skyrocket for the foreseeable future. These semiconductor stocks are prime to master this industry and deliver ...