NASDAQ:ACLS

Axcelis Drops Even as Chip Stocks Surge: Street Focuses on Next Move
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Axcelis Drops Even as Chip Stocks Surge: Street Focuses on Next Move

Axcelis Technologies shares fell 2.9% to $150.98 late Friday, underperforming chip equipment peers as the iShares Semiconductor ETF was flat and Applied Materials and Lam Research gained. No new operating news was released, with recent filings limited to insider stock changes. Investors are watching for updates on memory-chip demand and the Veeco Instruments deal. Axcelis expects Q2 revenue near $205 million and non-GAAP EPS around 90 cents.
May 29, 2026

Stock Market Today

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