AXCELIS ANNOUNCES FOLLOW ON SHIPMENTS OF PURION POWER SERIES IMPLANTERS TO POWER DEVICE CHIPMAKER IN JAPAN
Rhea-AI Summary
On March 31, 2022, Axcelis Technologies (Nasdaq: ACLS) announced follow-on shipments of its Purion XE™ and Purion M™ implanters to a major power device chipmaker in Japan. These systems are meant for the high-volume production of 300mm thin silicon wafer-based MOSFET and IGBT devices used in automotive and power management applications. Executive VP Bill Bintz stated that the Purion Power Series' unique capabilities position Axcelis for growth in this market and they aim to enhance their footprint in Japan.
Positive
- Follow-on shipments of Purion XE™ and Purion M™ implanters signal strong demand in the semiconductor sector.
- Positioning in the rapidly expanding power device market could enhance revenue streams.
Negative
- None.
News Market Reaction – ACLS
In the trading session that priced this news, ACLS declined 2.48%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Purion Power Series Features 300mm Thin Wafer Handling Capability
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SOURCE Axcelis Technologies, Inc.