MKS Shares Surge 13.9% on AI-Driven Semiconductor Demand

Price Action
โดย Zacks Investment Research·Read original
Summary · why it matters

MKS shares rallied 13.9% in the last trading session to close at $293.3 on higher-than-usual volume, driven by rising demand tied to AI-related semiconductor investment and more complex circuit boards. The company is expected to report quarterly earnings of $2.93 per share, a 65.5% year-over-year increase, on revenues of $1.21 billion, up 24.1%. The consensus EPS estimate for the quarter has been revised 0.5% higher over the last 30 days, and the stock carries a Zacks Rank #2 (Buy). In the same Zacks Electronics - Miscellaneous Products industry, SiTime closed 14.2% higher at $527.87 but has lost 34.3% over the past month, with a consensus EPS estimate of $1.93 and a Zacks Rank #3 (Hold).

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Semiconductors · 2 stocks