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Stock impact report

Laser Photonics Expands Semiconductor Industry-Focused Product Line

Laser Photonics Corporation (LASE) 
Company Research Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (NASDAQ: LASE) (“LPC” or “the Company”), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced today the expansion of its product offering targeting the surging market for chip fabrication.The growing demand for electronics and electric vehicles, the rise of industrial automation, and the adoption of AI by technologies across all areas are just some factors that are propelling the chip design and fabrication market forward. Indeed, some analysts expect the semiconductor market to reach an annual $1 trillion by 2030 on the global scale. Yet, although global supply chains have largely recovered from the COVID-19 pandemic, challenges persist as they struggle to fulfill the high demand for advanced chips. That is why the adoption of high-speed laser processing equipment by chip fabs is more essential than ever.LPC is providing this laser-powered technology to Show less Read more
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