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Stock impact report

1 EV Chip Stock to Buy Right Now [Yahoo! Finance]

Axcelis Technologies, Inc. (ACLS) 
Last axcelis technologies, inc. earnings: 2/5 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
High sticker prices and high interest rates have throttled growth to just 10% so far this year, especially as Tesla has had some missteps. Europe and China (the latter being far and away the largest market for EVs), however, have continued to chug higher by 21% and 32%, respectively, through the first few months of 2024. Taking a bigger-picture view, EVs are but one part of an important movement toward greater efficiency in power management. Semiconductors are key to that movement. And one key enabler, Axcelis Technologies (NASDAQ: ACLS) , could be a very reasonably priced stock right now. Power chips are next-gen infrastructure A new secular growth market has emerged: Next-gen semiconductors with low energy loss (via heat) that can handle high voltages and help power wind and solar systems, electric motors in manufacturing equipment, EVs, and artificial intelligence (AI) servers in data centers. Of course, in recent years, the EV movement was the face of this energy-efficienc Show less Read more
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