Semiconductor service companies will be critical to the artificial intelligence boom, but they don't attract as much attention from investors as chipmakers like Nvidia.Artificial intelligence (AI) is primarily deployed using centralized data centers, but it's slowly migrating to computers and smartphones, which could drive a productivity boom across the economy. None of that would be possible without the advanced semiconductors supplied by companies like Nvidia, Advanced Micro Devices, and Micron Technology ...

BEVERLY, Mass., Sept. 4, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (NASDAQ: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, will be a top-level Platinum Sponsor at the International Conference on Ion Implantation Technology 2024 (IIT 2024) taking place September 23-26 at the Toyama International Conference Center in Japan. IIT 2024 is the 24th Conference in the biennial series focused on the major challenges in current and emerging technologies related ...

Axcelis Technologies, Inc. (ACLS) has plunged 15.6% year to date compared with the sub-industry’s decline of 4.3%, reflecting underlying challenges for the company. Axcelis is a leading producer of ion implantation equipment used in the fabrication of semiconductors.Weakness in consumer electronics and EVs vertical has impeded the company’s sales growth momentum. In the first and second quarters, sales declined 0.7% and 6.4%, respectively. ACLS stock is also trading below its 100-day and 200-day moving aver ...

Core Insights - Axcelis Technologies, Inc. will showcase its Purion and GSD Ovation Series of ion implanters at SEMICON India 2024, highlighting significant technology and manufacturing advantages for the semiconductor industry [1][2] - The Indian semiconductor market is projected to exceed $55 billion by 2026, driven by sectors such as smartphones, automotive components, and computing [2] Product Offerings - Purion Power Series: Innovative solutions for thin silicon, TAIKO, and silicon carbide wafer processing across power device applications [1] - Purion H Series: Includes Purion H5 and Purion Dragon, designed for high current implants [1] - Purion H200: A state-of-the-art single wafer high current medium energy implanter for IoT and power applications [1] - Purion XE Series: Features Purion XEmax, a high energy implant platform for advanced image sensor applications up to 15MeV [1] - Purion M Series: Offers a broad spectrum of mid-current doses for evolving implant requirements [1] - GSD Ovation: Cost-effective solution for high current and high energy batch platform capabilities, supporting emerging power market applications [1] Company Background - Axcelis has over 45 years of experience in providing high-productivity solutions for the semiconductor industry, focusing on ion implantation systems [3] - The company is dedicated to developing enabling process applications through design, manufacture, and life cycle support of ion implantation systems [3]

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Bloomin' Brands (BLMN) is a casual dining restaurant company with a portfolio of differentiated restaurant concepts. The Zacks Consensus Estimate for its current year earnings has been revised 14.8% downward over the last 60 days.Axcelis Technologies (ACLS) is a leading producer of ion implantation equipment used in the fabrication of semiconductors. The Zacks Consensus Estimate for its current year earnings has been revised almost 7. ...

These silicon carbide and power chip stocks are down with the EV market, but AI data centers may need their solutions soon.The electric vehicle market encountered a big slowdown last year, and with it, the chipmakers who specialize in the power semiconductors crucial for EVs.But some interesting commentary from two key EV chipmakers this earnings season offer hope not just for an EV recovery, but also that new power-efficient chip technologies may be adopted more and more in power-hungry AI data centers.Wit ...

In today’s unpredictable stock market, investors must discern which stocks to sell to protect their portfolios. The focus here is on three companies facing significant challenges that suggest they may be candidates for the stocks to sell list. Each company experiences fundamental weaknesses that could impact its future performance.For instance, a player in the semiconductor equipment industry relies heavily on a single market, which exposes one company to market volatility and restricts growth opportunities ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Archer-Daniels-Midland Company (ADM) is an agricultural commodities and ingredients company. The Zacks Consensus Estimate for its current year earnings has been 1.6% downward over the last 60 days.Axcelis Technologies, Inc. (ACLS) is an equipment supplier to the semiconductor industry. The Zacks Consensus Estimate for its current year earnings has been revised 7.1% downward over the last 60 days.CVS Health Corporation (CVS) is a provi ...

Axcelis Technologies (ACLS) reported second-quarter 2024 non-GAAP earnings per share (EPS) of $1.55, which surpassed the Zacks Consensus Estimate by 11.5%. However, the bottom line decreased 16.7% year over year. The quarter's revenues totaled $256.5 million, beating the Zacks Consensus Estimate by 1.6%. Strong conversion of valuation units and solid demand for ion implantation systems, especially in the silicon carbide space, fueled by the expansion of electric and hybrid vehicles, aided the top line. Addi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-30941 AXCELIS TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 34-1818596 (St ...