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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