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News  ›  The Motley Fool

Investors Are Looking to Axcelis as the Next Wave of Chip Growth Builds

The Motley Fool Logo The Motley Fool By Eric Trie
Investors Are Looking to Axcelis as the Next Wave of Chip Growth Builds

Reinhart Partners increased its stake in Axcelis Technologies by purchasing 91,788 shares, making it their largest holding at 5.1% of assets under management. The investment highlights potential growth in semiconductor equipment manufacturing, particularly for ion implantation technology.

Insights
ACLS   positive

Fund increased stake significantly, showing confidence in company's specialized semiconductor equipment technology and potential growth in power semiconductor markets