证券日报网讯2月2日，科瑞技术（002957）在互动平台回答投资者提问时表示，在半导体和光模块领 域，公司目前为国内外客户提供超高精密部件、高精度堆叠设备、光耦合设备、共晶设备等多款封装及 测试设备。 ...

2月2日，市场震荡调整，半导体板块跟随大盘回调。截至14:10，中证半导体材料设备主题指数下跌 3.7%。Wind数据显示，多只半导体设备相关ETF盘中获资金加仓，其中半导体设备ETF易方达 （159558）净申购约2000万份。 中证半导体材料设备主题指数聚焦半导体设备与半导体材料领域，根据申万三级行业分类，指数半导体 设备占比超60%，半导体材料占比约20%，权重股覆盖中微公司、北方华创、拓荆科技、长川科技、华 海清科等行业龙头，在国产化趋势中具备较强弹性，投资者可通过半导体设备ETF易方达（159558）等 跟踪该指数的产品一键把握产业发展机遇。 （文章来源：每日经济新闻） 国泰海通证券指出，ASML去年第四季度新增订单额飙升至132亿欧元，达市场预期近两倍；KLA同期 总收入32.97亿美元，同比增长7.2%，均反映AI驱动下设备订单爆发式增长与客户扩产升级的强劲动 能。设备订单高增与业绩指引上修共同确认半导体设备行业已进入强劲上升通道，为上游国产设备厂商 提供明确需求支撑。 ...

晶圆加热器主要是用于半导体晶圆制造过程中的 CVD 、 Etch 等工艺环节，为硅片提供一致的热量，确保工艺的稳定性和均匀性。 晶圆加热器（加热盘）作为晶圆加工的载体和射频回路的下电极，在晶圆制造设备中应用广泛。加热器通常位于工艺设备反应腔内，如 薄膜沉积设备，反应腔腔内关键件包含喷淋头，加热盘，腔内陶瓷件，抽气设置等。加热器的温度均匀性直接决定薄膜沉积等工艺性 能；加热器通常在硅片的正下方，直接或问接（通过吸盘）接触硅片，其自身的洁净度直接决定了污染物的水平，同时，其加热后的放 气性也决定了真空环境的稳定性。 晶圆加热器全球市场总体规模情况 0 1 根据 QYR esearch （恒州博智）的统计及预测， 2024 年全球晶圆加热器市场销售额达到了 9.82 亿美元，预计 2031 年将达到 15.64 亿美 元，年复合增长率（ CAGR ） 6% （ 2025-2031 ）。地区层面来看，中国大陆市场在过去几年变化较快， 2024 年市场规模为 1.5 亿美 元，约占全球的 15.35 % ，预计 2031 年将达到 2.94 亿美元，届时全球占比将达到 18.83 % 。 消费层面来说，目前北美和日本地 ...

Core Viewpoint - ASML Holding N.V. is recognized as a significant player in the AI stock market, with Bernstein SocGen Group raising its price target to $1,911.00, indicating a strong long-term outlook despite short-term market fluctuations [1]. Financial Performance - ASML reported fourth-quarter 2025 net bookings of €13.2 billion, nearly double the market estimates, although the stock declined by 2% at the close, presenting a "buying opportunity" [2]. - The company's backlog increased by €7 billion quarter-over-quarter, reaching €38.8 billion, driven by a surge in memory bookings (56%) and logic bookings (44%) [3]. Revenue Guidance - ASML provided revenue guidance of €34-39 billion, with the upper end significantly exceeding the consensus estimate of €35 billion, indicating strong future performance [3]. - The guidance is contingent on customer clean room availability, with EUV technology expected to lead growth while DUV remains stable [4]. Future Outlook - The second half of 2026 is anticipated to be stronger than the first half due to customer ramp-up of internal move rates and completion of fab construction [4]. - Management reaffirmed long-term targets of €44-60 billion in revenue by 2030, with gross margins projected at 56-60% [5].

Core Insights - Lam Research Corporation (NASDAQ:LRCX) is recognized as one of the 12 most profitable NASDAQ stocks to buy currently, reporting strong quarterly results that exceeded estimates [1] Financial Performance - For the quarter ending December 2025, Lam Research reported revenue of $5.34 billion, surpassing Wall Street's expectations of $5.26 billion [2] - Adjusted earnings were reported at $1.27 per share, beating estimates by 10 cents [2] - Following the earnings announcement, LRCX shares increased by 3.2% in extended trading [2] Future Projections - The company forecasts revenue of $5.7 billion for the quarter ending in March, with a range of plus or minus $300 million, compared to estimates of $5.34 billion [3] - Projected net income per diluted share is expected to be between $1.25 and $1.45, exceeding analysts' forecast of $1.20 per share [3] Analyst Sentiment - Following the earnings call, several research firms, including Morgan Stanley, Goldman Sachs, and Citigroup, raised their price targets for LRCX [4] - Based on the recommendations of 26 analysts, LRCX is rated as a Strong Buy with a one-year average share price target of $284.18, indicating a potential upside of 15% as of January 30 [4] Market Context - Lam Research provides wafer fabrication equipment and services to the global semiconductor industry, with the stock already up 36% year-to-date in 2026 [5]

Core Insights - Applied Materials, Inc. (NASDAQ:AMAT) is recognized as one of the most profitable stocks on NASDAQ, with multiple analysts upgrading their ratings and price targets due to increased spending in key markets [1][2][3] Group 1: Analyst Upgrades and Price Targets - Mizuho analyst Vijay Rakesh upgraded AMAT to Outperform from Neutral, raising the price target to $370 from $275 [1] - Deutsche Bank analyst Melissa Weathers upgraded the stock rating to Buy from Hold and increased the price target to $390 from $275 [2] - Needham analyst Charles Shi raised the price target to $390 from $260 while maintaining a Strong Buy rating [3] Group 2: Market Trends and Valuation - Analysts cite favorable trends in wafer fabrication equipment as a positive indicator for the semiconductor sector through 2027 [3] - The current valuation of AMAT is considered a discount compared to peers, with expectations that this gap will narrow in the future [3] - A bullish outlook on the semiconductor capital equipment sector was reiterated at the Needham Growth Conference, driven by a surge in demand over the last three months [4] Group 3: Company Overview - Applied Materials, Inc. is a leader in materials engineering solutions, providing manufacturing equipment, services, and software to the semiconductor and display industries [5]

Core Viewpoint - ASML Holding has experienced significant stock performance, with over 30% increase in January and more than doubling in value over the past year, driven by strong order momentum and demand for semiconductor equipment [1] Group 1: Company Performance - ASML's revenue for the fourth quarter rose by 5% to 9.7 billion euros ($11.6 billion), aligning with the high end of its guidance range [3] - Equipment sales increased by 7% year over year to 7.6 billion euros ($9.1 billion), while service revenue decreased by 1% to 2.1 billion euros ($2.5 billion) [3] - The company sold 94 new lithography systems and eight used systems during the quarter, compared to 119 new and 13 used systems a year earlier [5] Group 2: Order Outlook - ASML's net bookings surged from 5.4 billion euros ($6.4 billion) in Q3 to 13.2 billion euros ($15.8 billion), significantly exceeding analyst expectations of 6.2 billion euros ($7.4 billion) [6] - Approximately 48% of sales came from higher-priced EUV technology, an increase from 42% a year ago, while sales to China rose to 36% from 27% [5] Group 3: Future Projections - The company forecasts Q1 revenue between 8.2 billion euros ($9.8 billion) and 8.9 billion euros ($10.6 billion), and 2026 revenue between 34 billion euros ($40.6 billion) and 39 billion euros ($46.5 billion), indicating growth of 4% to 19% [7] Group 4: Market Position - ASML holds a monopoly on extreme ultraviolet (EUV) lithography technology, crucial for manufacturing advanced chips, positioning the company favorably amid the AI infrastructure boom [2] - Despite strong demand, revenue growth has been moderate, partly due to restrictions on selling EUV technology to China and a pull-forward in demand for older machines [8]

使用尼康面向后工序的光刻设备制作的中间基板（2025年12月） 阿斯麦在前工序领域占绝对优势，其涉足后工序对佳能构成了威胁。佳能的常务董事武石洋 明表示："虽然我们认为自己有优势，但性能差距可能会逐渐缩小。设备能否解决后工序特有 的需求才是关键"。 佳能2011年进入后工序光刻设备市场，目前几乎垄断了半导体巨头使用的后工序光刻设备。 阿斯麦在前工序领域占绝对优势，其涉足后工序对佳能构成了威胁。尼康也计划推出后工序 光刻设备…… 全球最大的光刻设备厂商荷兰阿斯麦控股（ASML Holdings）已涉足半导体制造过程中组装 最终产品的"后工序"。推出了用于在芯片之间的连接层上绘制布线的设备，向几乎垄断这一 领域的佳能发起挑战。尼康也计划2026年度实现量产。为了提高最尖端半导体的性能，后工 序的重要性日益突出，设备厂商之间的竞争愈发激烈。 在面向AI的半导体中，把图像处理半导体（GPU）和存储器等多个芯片组合在一起工作的"先 进封装"技术正逐渐得到普及。阿斯麦已于2025年9月前开始出货专用于先进封装的光刻设 备，似乎已交付给全球领先的半导体企业。 对于在晶圆上描绘微细电路的"前工序"光刻设备，阿斯麦已垄断了面向 ...

Company Overview - ASML Holding N.V. is the world's leading manufacturer of high-end chip fabrication machines, primarily used in the lithography phase of semiconductor fabrication [2] - The company's shares have increased by 92% over the past year and by 22% year-to-date [2] Market Analysis - Barclays raised ASML's share price target to €1,500 from €1,200 and upgraded the rating to Overweight from Neutral, citing increased lithography machine requirements due to the buildout of gigawatt-scale AI data centers [2] - Key AI trends identified by Barclays that could benefit ASML include humanoid robots and consumer AI adoption [2] Competitive Position - ASML holds a monopoly in its sector, making it a critical player that China seeks to access but is currently unable to due to sanctions [3] - The company's products are essential in the chip manufacturing process, reinforcing its competitive position in the market [2][3]

Group 1 - Cohu Inc. (NASDAQ:COHU) is recognized as a promising small-cap tech stock, with B. Riley analyst Craig Ellis raising the price target to $35 from $30, driven by strong AI-driven demand for HBM, CoWoS, and GPUs that currently exceeds supply [1][4] - Despite facing near-term cyclical pressures, the firm expects modest upside for Q4 2025 and stable guidance for early 2026, supported by recovering demand in Taiwan and the automotive and industrial sectors, which are anticipated to drive significant sales and earnings per share growth in the long term [2] - Stifel also raised its price target for Cohu to $32 from $30 while maintaining a Buy rating, based on positive field checks and an increased forecast for 2026 semiconductor equipment spending growth to 10% to 15%, up from the previous estimate of 7% to 8% [3]