Investors Are Looking to Axcelis as the Next Wave of Chip Growth Builds

Company Overview - Axcelis Technologies specializes in designing and manufacturing ion implantation equipment and related processing tools used in semiconductor chip fabrication, offering a product suite that includes high energy, high current, and medium current implanters, as well as aftermarket lifecycle services [5][6] - The company generates revenue primarily through direct equipment sales and ongoing aftermarket services, including spare parts, upgrades, maintenance, and training [5] Recent Developments - On October 28, 2025, REINHART PARTNERS, LLC disclosed a purchase of 91,788 shares of Axcelis Technologies, valued at approximately $7.39 million, increasing its stake to 1,610,332 shares worth $157.23 million [1][2] - This acquisition raised Axcelis Technologies' stake to 5.1% of the fund's reportable assets under management (AUM), making it the fund's largest holding [2][3] Financial Performance - As of October 27, 2025, Axcelis Technologies had a market capitalization of $2.58 billion, with a trailing twelve months (TTM) revenue of $896.09 million and a TTM net income of $158.49 million [4] Market Position and Competitive Edge - Axcelis Technologies focuses exclusively on ion implantation tools, a critical step in chip production that influences semiconductor performance, giving it a competitive edge over broader equipment peers [8][9] - The company is well-positioned to benefit from the increasing demand for power semiconductors used in electric vehicles, charging networks, and industrial equipment, supported by its broad installed base and steady service offerings [10]