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Axcelis Technologies Inc - ACLS STOCK NEWS

Welcome to our dedicated page for Axcelis Technologies news (Ticker: ACLS), a resource for investors and traders seeking the latest updates and insights on Axcelis Technologies stock.

Axcelis Technologies Inc. (Nasdaq: ACLS) is a world-leading provider of equipment and services to the semiconductor manufacturing industry. For over 35 years, Axcelis has been a trusted partner for chipmakers globally, delivering cutting-edge solutions and expertise in the critical process of ion implantation. This process is essential for the fabrication of semiconductor chips used in everyday electronics such as smartphones, laptops, cameras, and more.

The company's suite of products includes advanced ion implantation systems, which form transistors that power electronic devices. Axcelis' Purion™ platform is renowned for its flexibility and advanced technology, catering to diverse needs from high current to high energy implants. The Purion Power Series™, particularly, addresses the growing demand in power device applications, including silicon carbide (SiC) technology, crucial for automotive, industrial, and energy applications.

Axcelis also offers comprehensive aftermarket services, including spare parts, equipment upgrades, maintenance, and customer training, ensuring maximum operational efficiency and longevity of its products. The company’s advanced technology center in Beverly, Mass., serves as a hub for innovation, collaborating with industry experts and customers to develop next-generation applications.

Financially robust, Axcelis continues to achieve record performance. In 2023, the company reported a 23% year-over-year growth, with revenues surpassing $1.1 billion. The strong market position is further evidenced by a $1.2 billion backlog at the year's end. Axcelis' strategic focus on the Asia Pacific region, which contributes significantly to its revenue, underscores its global outreach and market adaptability.

Recent achievements highlight Axcelis' leadership and innovation. The company showcased its latest technologies at SEMICON Korea 2024 and announced multiple shipments of its Purion Power Series™ to leading chipmakers worldwide. Axcelis also strengthened its board with new directors, bringing in valuable industry expertise.

As the semiconductor industry evolves, Axcelis remains committed to driving innovation and supporting its customers with state-of-the-art ion implantation solutions, ensuring a bright and technologically advanced future.

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Axcelis Technologies, Inc. (Nasdaq: ACLS) has successfully completed a Purion H™ high current tool evaluation at a top advanced logic device manufacturer. This evaluation is expected to boost high-volume production capabilities for advanced logic devices. Bill Bintz, Executive VP of Product Development, emphasized the positive outlook for 2022 and 2023, citing opportunities for production buys. The Purion H features cutting-edge scanned spot beam technology that enhances device performance and yield while maintaining low operational costs.

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Axcelis Technologies (NASDAQ: ACLS) announced its participation in the 10th Annual December CEO Summit on December 8, 2021, in San Francisco, CA. This event coincides with SEMICON West 2021 and involves small group meetings with 11 other companies, including ACM Research and Aehr Test. Attendance is by invitation only for accredited investors and research analysts, with a registration deadline of November 29. Presentation materials will be available on Axcelis' investor page. Proof of COVID vaccination is required for in-person attendees.

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Axcelis Technologies (Nasdaq: ACLS) announced a Virtual Investor Day scheduled for December 9, 2021, from 12:00 p.m. ET to 2:00 p.m. ET. The event aims to engage the investment community and will feature presentations from the company's executive team focusing on future growth opportunities, followed by a Q&A session. All executive officers are expected to attend the event. For registration and more details, participants can visit investorday.axcelis.com. An archived version of the webcast will also be available post-event.

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Axcelis Technologies (Nasdaq: ACLS) announced its participation in the SEMICON Japan 2021 exhibition, set for December 15-17 in Tokyo. The company will showcase its Purion™ and GSD Ovation™ Series of ion implanters at Booth #5731. The Purion Series is noted for its high purity and precision across various applications, while the GSD Ovation Series is designed for 200mm fab construction. CEO Mary Puma highlighted the importance of introducing advanced ion implant technologies to Japanese chipmakers to meet the growing demand in power devices and memory markets.

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Axcelis Technologies (NASDAQ: ACLS), a leading supplier in the semiconductor sector, announced its participation in various investor conferences in November and December 2021. Key events include the Benchmark Company Technology Virtual Video 1x1 Investor Conference on November 17, the CEO Summit 2021 in San Francisco on December 8, the 2021 Virtual Investor Day on December 9, and the DA Davidson Semicap, Laser, and Optical Conference on December 15. These conferences provide a platform for management to engage with investors through virtual one-on-ones.

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Axcelis Technologies, Inc. (Nasdaq: ACLS) reported strong financial results for Q3 2021, achieving revenue of $176.7 million, up from $147.3 million in Q2. The record system revenue of $126.2 million reflects growth in the implant systems segment. Net income rose to $27.5 million or $0.81 per diluted share, compared to $18.9 million or $0.55 in the previous quarter. The company anticipates approximately $190 million in revenue for Q4, with a gross margin expectation of 41.5%.

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Axcelis Technologies (Nasdaq: ACLS) unveiled the GSD Ovation™ high current and high energy batch implanters, aimed at addressing the rising demand in 200mm fab construction. Following a surge since 2015 in 200mm fab activities, the new systems promise seamless integration with existing installations and enhanced 200mm production capabilities. The GSD Ovation family includes models suited for various applications, featuring energies ranging from general high current to high energy applications up to 4.9 MeV. This strategic move reinforces Axcelis' market position as a leader in the semiconductor sector.

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Axcelis Technologies, Inc. (Nasdaq: ACLS) announced the shipment of its Purion™ high current and high energy implanters to a major memory device manufacturer in Asia. These shipments, which took place in Q3 and Q4, are intended for high-volume production of DRAM and NAND devices, supporting industries like 5G and AI. Executive VP Bill Bintz emphasized the need for memory manufacturers to enhance productivity while ensuring quality. This order is part of a broader trend towards increasing memory capacity in 2022.

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Axcelis Technologies, Inc. (Nasdaq: ACLS) will release its third quarter 2021 financial results on November 3, 2021, at 4:00 p.m. ET. A conference call to discuss these results is scheduled for November 4, 2021, at 8:30 a.m. ET, available via audio webcast on Axcelis' website. The company has been a provider of innovative solutions for the semiconductor industry for over 40 years, focusing on ion implantation systems and complete lifecycle support.

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Axcelis Technologies (Nasdaq: ACLS) announced the shipment of its complete family of Purion SiC Power Series™ implanters to major power device manufacturers in Asia and Europe. This includes follow-on orders for the Purion H200™ and Purion M™ as well as the new Purion XE™ high-energy implanter. These shipments, aimed at high-volume production for SiC power devices, support sectors such as automotive and IoT. Executive VP Bill Bintz highlighted the increasing demand for silicon carbide solutions driven by the electrification of the automotive industry.

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FAQ

What is the current stock price of Axcelis Technologies (ACLS)?

The current stock price of Axcelis Technologies (ACLS) is $73.22 as of November 15, 2024.

What is the market cap of Axcelis Technologies (ACLS)?

The market cap of Axcelis Technologies (ACLS) is approximately 2.4B.

What does Axcelis Technologies Inc. specialize in?

Axcelis Technologies specializes in designing, manufacturing, and servicing ion implantation and other processing equipment used in semiconductor chip fabrication.

What are the key products of Axcelis Technologies?

Axcelis' key products include the Purion™ platform of ion implanters, which cater to high current, medium energy, and high energy implant needs, particularly in power device applications.

How does Axcelis support its products post-sale?

Axcelis provides extensive aftermarket services including spare parts, equipment upgrades, maintenance services, and customer training to ensure the longevity and efficiency of its products.

Where is Axcelis Technologies headquartered?

Axcelis Technologies is headquartered in Beverly, Massachusetts.

What financial achievements did Axcelis report for 2023?

In 2023, Axcelis reported record full-year revenue of $1.13 billion, a 23% increase from 2022, and an impressive systems backlog of $1.2 billion.

What is the significance of the Purion Power Series™?

The Purion Power Series™ is significant for its advanced capabilities in processing power devices, including silicon carbide (SiC) applications, which are crucial for automotive, industrial, and energy sectors.

How does Axcelis collaborate with the semiconductor industry?

Axcelis collaborates through its advanced technology center in Beverly, Mass., working closely with customers and industry experts to develop next-generation applications and process capabilities.

What recent strategic moves has Axcelis made?

Recently, Axcelis announced multiple shipments of its Purion™ systems to leading chipmakers worldwide and strengthened its board with new directors, enhancing its strategic and technological capabilities.

What upcoming events is Axcelis participating in?

Axcelis will participate in events such as SEMICON China 2024, where it will showcase its innovative ion implant technologies and host technical seminars.

What is the future outlook for Axcelis Technologies?

Axcelis expects continued growth driven by the robust demand for its Purion product family and strong financial performance, with a 2025 revenue model projection of $1.3 billion.

Axcelis Technologies Inc

Nasdaq:ACLS

ACLS Rankings

ACLS Stock Data

2.42B
32.51M
1.2%
99.58%
5.49%
Semiconductor Equipment & Materials
Special Industry Machinery, Nec
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United States of America
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