Applied Materials IncAMAT
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Applied Materials commits $5 billion over a decade to India's semiconductor buildout, a long-term capex/investment bet.
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KLA Lifts Calendar 2026 WFE Market Estimate to Low-$150 Billion Range
KLA Corporation is benefiting from accelerating artificial intelligence infrastructure spending, which is driving higher investments in leading-edge foundry and logic technologies and boosting demand for its process-control solutions. In fiscal 2026, the Semiconductor Process Control segment's revenues increased 12% year over year, and overall fiscal 2026 revenues rose 12% year over year to $13.58 billion. During the fourth quarter of fiscal 2026, management raised its calendar 2026 wafer-fabrication equipment market estimate, including advanced packaging, to the low-$150 billion range, up from its previous $140 billion-plus view and approximately $120 billion in calendar 2025. KLAC expects second-half 2026 revenues to be approximately 20% higher than the first half, aided by high-performance computing, high-bandwidth memory, increasing extreme ultraviolet adoption in DRAM and advanced packaging technologies such as hybrid bonding, and said backlog was expected to reach about $12.5 billion. The company faces intensifying competition from Applied Materials, which expects its process diagnostics and control business to grow more than 50% in calendar 2026, and from ASML, which expects advanced foundry and logic revenues to rise about 25% in 2026 and extreme ultraviolet revenues to increase roughly 45%.
Kingsemi's second-largest shareholder Liaoning Kefa plans inquiry-based transfer of 1% stake; share price up over 145% this year
After market close on September 18, Kingsemi announced that shareholder Liaoning Kefa Industrial Co., Ltd., which holds more than 5% of the company, intends to carry out an inquiry-based transfer of pre-IPO shares totaling 2.021 million shares, representing 1.00% of the company's total share capital, citing its own capital needs. Liaoning Kefa currently holds 21,315,832 shares, or 10.55% of total share capital, making it the company's second-largest shareholder, behind only NAURA Technology Group Co., Ltd. at 17.84%. The transfer is being organized by CITIC Securities Co., Ltd., with a minimum transfer price of no less than 70% of the average stock trading price over the 20 trading days before September 18, 2026. Transferees must be institutional investors and may not transfer the shares within six months of acquisition. Based on a rough estimate using the September 18 closing price of 363.98 yuan per share, the corresponding market value is approximately 736 million yuan. Just over a month earlier, company directors and senior executives Zhang Xinchao, Wang Mingbo, Cheng Hu, and Liu Shujie had announced reduction plans to sell no more than 63,093 shares in total. As of September 18, Kingsemi's share price had risen 145.09% year-to-date. In the first half of 2026, the company achieved operating revenue of 897 million yuan, up 26.47% year-on-year, while net profit attributable to shareholders of the listed company was 8.0622 million yuan, down 49.37% year-on-year.
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Aeluma Targets AI Datacom With $30 Million CHIPS LOI and $56 Million Cash
Aeluma Inc is shifting its near-term commercialization focus to the AI datacom market, backed by a letter of intent with the Department of Commerce CHIPS R&D Office for up to $30 million in non-dilutive funding. The company ended fiscal 2026 with $56 million in cash and no debt, but reported a net loss of $9.2 million, wider than the $3 million loss in fiscal 2025, and adjusted EBITDA of negative $5.2 million versus positive $186,000 a year earlier. Aeluma expects government contract revenue to fall to approximately $2.3 million in fiscal 2027 from $4.5 million in fiscal 2026, while planning capital expenditures of $10 million to $12 million, mainly for two Aixtron G10 MOCVD reactors. The company strengthened its manufacturing partnership with Sumitomo Chemical Advanced Technologies and is negotiating commercial NRE agreements, though no deals are guaranteed. Management said the CHIPS award, if finalized, would likely be accounted for as an equity investment by the U.S. government rather than revenue.