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The Latest Breaking News from Photronics Inc

Investors’ sentiment has been deteriorating in the semiconductor sector amid the lingering supply chain issues and slowing demand. However, Federal initiatives and continued digitization and automation brighten the industry’s long-term prospects. Therefore, investors could consider buying quality chip stocks Taiwan Semiconductor (TSM), Applied Materials (AMAT), MaxLinear (MXL), Axcelis (ACLS), and…

StockNews.com

4 Semiconductor Stocks to Buy Right Now, Including Micron

Semiconductor industry continues to struggle with supply chain issues. However, despite such challenges, semiconductor sales increased year-over-year in July. Moreover, given the solid long-term prospects of the industry, it could be wise to add quality semiconductor stocks Broadcom (AVGO), QUALCOMM (QCOM), Micron Technology (MU), and Photronics (PLAB) to your portfolio.…

StockNews.com

5 Hidden Chip Stocks to Buy Before the Spending Boom

The U.S. government is ramping up expenditure in the semiconductor sector to compete with China, which is expected to bolster the industry’s prospects. Moreover, given the growing chip market, we think it might be the right time to buy hidden chip stocks Texas Instruments (TXN), Cirrus Logic (CRUS), Photronics (PLAB),…

StockNews.com

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3 Small-Cap Tech Stocks to Buy Right Now

Despite a massive tech sell-off on concerns over rising interest rates and a potential recession, the sector is poised to grow, given the continued digitization and increasing tech dependence. Therefore, we think it could be wise to invest in small-cap tech stocks PCTEL (PCTI), Photronics (PLAB), and Xperi Holding (XPER),…

StockNews.com

3 Under-the-Radar Tech Stocks to Add to Your Portfolio This Month

The technology sector has witnessed an aggressive market sell-off since the beginning of the year, largely due to the Fed's hawkish stance. However, strong corporate earnings and increasing investments in tech upgrades should help the sector rebound quickly. Therefore, under-the-radar tech stocks Progress Software (PRGS), Rimini Street, Inc. (RMNI), and…

StockNews.com

Photronics Stock Gains On Q1 Beat, Solid Q2 Outlook

Photronics Inc (NASDAQ:PLAB) reported first-quarter FY22 revenue growth of 25% year-on-year to $189.8 million, beating the consensus of $183.1 million. Segments: Integrated circuit (IC) revenue grew 24% Y/Y to $129.8 million. Flat-panel display (FPD) revenue increased 27% Y/Y to $60.1 million. Margin: The gross margin expanded by 1,146 bps to 31.5%. EPS of $0.38 beat…

Benzinga

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Kritika SarmahHer

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Taiwan Semiconductor Manufacturing Company Limited

Micron Technology Inc

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Semiconductor Wireless Chip

Applied Materials Inc

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Photronics Inc

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