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Stock impact report

Semiconductor Manufacturing Stocks Q2 Recap: Benchmarking Entegris (NASDAQ:ENTG) [Yahoo! Finance]

IPG Photonics Corporation (IPGP) 
Last ipg photonics corporation earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ipgphotonics.com
Company Research Source: Yahoo! Finance
The semiconductor industry is driven by demand for advanced electronic products like smartphones, PCs, servers, and data storage. The need for technologies like artificial intelligence, 5G networks, and smart cars is also creating the next wave of growth for the industry. Keeping up with this dynamism requires new tools that can design, fabricate, and test chips at ever smaller sizes and more complex architectures, creating a dire need for semiconductor capital manufacturing equipment. The 14 semiconductor manufacturing stocks we track reported a solid Q2. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 2.7% below. Stocks--especially those trading at higher multiples--had a strong end of 2023, but this year has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, and semiconductor manufacturing stocks have had a rough stretch. On average, share prices are down 6.5% since the l Show less Read more
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