Benchmark Lists Impact Of Russia-Ukraine Crisis On Semiconductor Industry
Benchmark analyst Mark Miller observed how the Russia -Ukraine crisis affected the semiconductor manufacturing industry.
Coherent Inc (NASDAQ: COHR) and MKS Instruments Inc (NASDAQ: MKSI) (MKS) felt the pinch as gas lasers producers, which play an essential role in semiconductor manufacturing.
ASML Holding NV (NASDAQ: ASML), the producer of excimer lasers used in EUV lithography tools, has also felt the pinch.
Semiconductor manufacturing efforts consumed ~75% of the worldwide neon supply. Interestingly, Ukraine provided ~50% of the world's neon, 70% of semi-grade neon, and about 40% of the world's krypton.
The gas supply crisis could boil down to the chip manufacturers and equipment companies, and automotive industries.
Miller has a Hold rating on Coherent and a Buy rating on MKS Instruments.
Price Action: MKSI shares traded lower by 3.87% at $145.93 on the last check Thursday.
Latest Ratings for COHR
Oct 2021 | Stifel | Reinstates | Hold | |
Sep 2021 | Susquehanna | Downgrades | Positive | Neutral |
Feb 2021 | Benchmark | Downgrades | Buy | Hold |
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