B. Riley Keeps Neutral Rating On Axcelis Technologies (ACLS)’s Shares

Axcelis Technologies, Inc. (NASDAQ:ACLS) is simply a specialty semiconductor instrumentality manufacturing firm. It chiefly deals with the ion implantation process done its implanters. Ion implantation successful the spot manufacturing process allows fabrication companies to present antithetic properties into the silicon wafers. These properties see deterioration absorption and conductivity, among others.

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B. Riley maintained a Neutral standing connected Axcelis Technologies, Inc. (NASDAQ:ACLS)’s connected November 5th. The steadfast besides reduced the stock terms people to $84 from $85. The standing and terms people came aft Axcelis Technologies, Inc. (NASDAQ:ACLS) reported its latest net report. The results saw the steadfast station $213 cardinal successful gross and $1.21 successful net per share. The figures bushed expert estimates of $200 cardinal and $1.01.

Apart from B. Riley’s sum and the earnings, it’s been comparatively quiescent for Axcelis Technologies, Inc. (NASDAQ:ACLS) connected the quality front. The steadfast announced successful October that it would merge with Veeco Instruments done an all-stock merger expected to person a $4.4 cardinal endeavor value. Veeco is besides a semiconductor instrumentality company, and it makes and sells etching, deposition, ionization, and different equipment.

While we admit the imaginable of ACLS arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.