Shares of semiconductor stocks are trading higher after the Biden administration said it expects to invest over $5 billion in semiconductor-related research, development, and workforce needs.
Portfolio Pulse from Benzinga Newsdesk
Semiconductor stocks are trading higher following the Biden administration's announcement of a planned investment exceeding $5 billion in semiconductor research, development, and workforce needs.
February 09, 2024 | 8:14 pm
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POSITIVE IMPACT
Applied Materials likely to benefit from increased semiconductor R&D investment.
As a leading supplier of semiconductor manufacturing equipment, AMAT stands to gain from increased demand for semiconductor R&D.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
ASML to see positive impact from US investment in semiconductor sector.
ASML, a key player in lithography machines for semiconductor production, will likely benefit from increased sector investment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
FormFactor set to benefit from increased semiconductor R&D funding.
FormFactor's semiconductor testing equipment could see higher demand with the boost in sector R&D.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
KLA Corporation likely to gain from the Biden administration's semiconductor investment.
As a provider of process control and yield management solutions, KLAC is well-positioned to benefit from increased semiconductor R&D.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Kulicke and Soffa Industries to see positive impact from semiconductor sector investment.
KLIC, specializing in semiconductor packaging and electronic assembly solutions, will likely benefit from the sector's R&D boost.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Lam Research to benefit from increased investment in semiconductor R&D.
Lam Research, a supplier of wafer fabrication equipment, stands to gain from the increased focus on semiconductor R&D.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
NVIDIA to see positive impact from the Biden administration's semiconductor investment.
As a leading designer of graphics processing units, NVIDIA is likely to benefit significantly from advancements in semiconductor technology.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Teradyne to benefit from increased semiconductor R&D investment.
Teradyne, a supplier of automated test equipment, will likely see increased demand with the boost in semiconductor R&D.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70