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Semiconductor Equipment & Materials

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  1. New Morningstar Analyst Report for ASML Holding NV

    Stock Reports

    Tue, 7 May 2013

    ASML is acquiring Cymer to accelerate development of next-generation lithography tools.

  2. New Morningstar Analyst Report - Ultratech, Inc.

    Stock Reports

    Fri, 26 Apr 2013

    Ultratech's AP lithography systems compete with similar tools from competitors that have also adapted older lithography tools for use in advanced packaging.While laser thermal processing is gaining acceptance, Ultratech's tools must compete with an existing install base of RTP systems.Chipmakers

  3. New Morningstar Analyst Report - KLA-Tencor

    Stock Reports

    Thu, 25 Apr 2013

    Competitors like Applied Materials and Hitachi have been trying for years to wrestle away KLA's leading market share in PDC.KLA is exposed to the highly volatile and deeply cyclical semiconductor industry.KLA must maintain its technological edge through constant innovation in emerging areas.

  4. New Morningstar Analyst Report for ATMI

    Stock Reports

    Thu, 25 Apr 2013

    ATMI has opportunities for growth in its main business and in the emerging life sciences segment.

  5. New Morningstar Analyst Report - Lam Research

    Stock Reports

    Thu, 25 Apr 2013

    Lam faces major competition from Applied Materials and Tokyo Electron.The firm operates in the deeply cyclical semiconductor equipment industry.Lam has been unable to win any business from the world's largest chipmaker, Intel.Lam does the bulk of its business with a small number of large chipmakers

  6. New Morningstar Analyst Report - Veeco Instruments

    Stock Reports

    Tue, 23 Apr 2013

    Veeco is in the midst of a cyclical downturn, but has good long-term growth opportunities.

  7. New Morningstar Analyst Report for MEMC Electronic Materials

    Stock Reports

    Mon, 25 Feb 2013

    The cyclical downturns in the semiconductor and solar industries have been hurting MEMC's business.The wafer industry is capital-intensive and often suffers from overcapacity at some point in each product cycle.MEMC must compete with a large number of foreign rivals. Some of these overseas rivals

  8. New Morningstar Analyst Report for Synopsys

    Stock Reports

    Fri, 22 Feb 2013

    Supply chain dynamics seem to be aligning nicely for Synopsys to grow its sales.

  9. New Morningstar Analyst Report - Teradyne

    Stock Reports

    Fri, 28 Dec 2012

    Teradyne operates in the competitive ATE industry against major firms, including Advantest and LTX-Credence.ATE demand is driven by the capital spending of the volatile semiconductor industry. Teradyne is prone to large losses during industry downturns.The ATE industry depends on a concentrated

  10. New Morningstar Analyst Report - Applied Materials

    Stock Reports

    Tue, 20 Nov 2012

    Despite a near-term cyclical slowdown, Applied Materials remains a key chip equipment player.

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