Hundreds of billions of dollars in artificial intelligence-related spending could flow to chip companies next year.
ASO, AVD and ACLS have been added to the Zacks Rank #24 (Strong Sell) List on September 25, 2024.
Nvidia and Advanced Micro Devices supply the most powerful data center chips for artificial intelligence (AI) development. Semiconductor service companies are often overlooked but could present a great opportunity for investors.
ACLS' performance is bearing the brunt of softness in the memory market. It notes that demand may moderate in the General Mature in the second half of 2024.
BLMN, ACLS and AIQUY have been added to the Zacks Rank #5 (Strong Sell) List on August 29, 2024.
On Semi and Axcelis are leaders in the silicon carbide ecosystem. SiC chips are set for strong growth because of increasing use in electric vehicles.
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.
ADM, ACLS and CVS have been added to the Zacks Rank #5 (Strong Sell) List on August 13, 2024.
The S&P 500 had a smooth run higher during the first half of 2024, but it's now facing a pullback. Market corrections give investors an opportunity to buy quality stocks at a discount.
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.
Axcelis Technologies, Inc. (NASDAQ:ACLS ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants David Ryzhik - Senior Vice President of Investor Relations and Corporate Strategy Russell Low - President and Chief Executive Officer James Coogan - Executive Vice President and Chief Financial Officer Conference Call Participants Jed Dorsheimer - William Blair Tom Diffely - D.A. Davidson and Company Craig Ellis - B.
Axcelis Technologies (ACLS) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.86 per share a year ago.