To accommodate the rising demand for semiconductor manufacturing equipment, Axcelis Technologies, Inc. (NASDAQ: ACLS) is expanding its production capacity and workforce.
ACLS made an important boost in production output and employee count at its South Korean engineering and manufacturing facilities yesterday. Axcelis Technologies, Inc. (ACLS) constructed a brand-new, sizable clean room, comparable to the one the business has in the US, to suit the new equipment.
Additionally, Axcelis Technologies, Inc. (ACLS) already possesses all required certificates, and the new manufacturing started shipping goods in the first quarter.
The new production facility is first and foremost intended to satisfy Asian Axcelis Technologies, Inc. (ACLS) clients’ needs. By locating a new production plant close to a few key clients, the firm hopes to alleviate supply chain issues.
Due to a lack of components, the semiconductor market suffered, and the value of several manufacturers’ stocks decreased. The switch to next-generation chips is still being made, and there is still a considerable demand for semiconductors.
Axcelis Technologies, Inc. (ACLS) has unveiled new machinery for handling huge wafers needed for massive semiconductor fabrication. The business anticipates that current major production facilities will be updated using its technology.
Ion implanters, which use a beam of ions to insert various materials into the plates from which chips are eventually produced, are a specialty of Axcelis Technologies, Inc. (ACLS). In contrast to outdated methods, the business has equipment that can operate with huge plates (200 mm), create three-dimensional structures, and use a wider variety of elements (indium, germanium, hydrogen).
When focusing on technical inventory evaluation, traders and investors may also decide to research the ATR or Average True Range. The 14-day ATR for Axcelis Technologies Inc. (ACLS) is now 3.04. The 52-week price has a top level of $83.74 and the lowest level of $33.36.