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Semiconductor Equipment & Materials

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  1. New Morningstar Analyst Report - Applied Materials

    Stock Reports

    Fri, 18 May 2012

    Applied Materials' main chip equipment unit has been seeing improved demand from chipmakers.

  2. New Morningstar Analyst Report - Teradyne

    Stock Reports

    Fri, 11 May 2012

    Teradyne is seeing strengthening demand for automated test equipment from chipmakers.

  3. New Morningstar Analyst Report - MEMC Electronic Materials

    Stock Reports

    Fri, 11 May 2012

    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

  4. New Morningstar Analyst Report - Cymer

    Stock Reports

    Mon, 7 May 2012

    Cymer is investing heavily to develop next-generation EUV lithography light sources.

  5. New Morningstar Analyst Report - Ultratech, Inc.

    Stock Reports

    Thu, 3 May 2012

    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 rapid thermal processing

  6. New Morningstar Analyst Report - Veeco Instruments

    Stock Reports

    Wed, 2 May 2012

    Veeco has been hampered by a cyclical slowdown in demand for LED manufacturing tools.

  7. New Morningstar Analyst Report - KLA-Tencor

    Stock Reports

    Tue, 1 May 2012

    KLA-Tencor is being boosted by strong technology investments by chipmakers.

  8. New Morningstar Analyst Report - ATMI

    Stock Reports

    Thu, 26 Apr 2012

    The firm faces much larger competitors that have sales in the billions, in comparison with ATMI's revenue of roughly $390 million in 2011.ATMI has been investing heavily to develop its HPD platform.ATMI may be exposed to inventory buildups by customers because of long transport times for its

  9. New Morningstar Analyst Report - Lam Research

    Stock Reports

    Mon, 23 Apr 2012

    We think Lam can boost its competitive position with the upcoming acquisition of Novellus.

  10. New Morningstar Analyst Report - ASML Holding NV

    Stock Reports

    Thu, 19 Apr 2012

    ASML depends on a handful of powerful customers and will sell only several hundred systems each year.Dependence on a limited number of suppliers for key components exposes ASML to pricing power and possible disruptions to its supply chain.The firm depends on the deeply cyclical semiconductor

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