Today we're going to take a look at the well-established Entegris, Inc. ( NASDAQ:ENTG ). The company's stock saw a...
BILLERICA, Mass., June 26, 2024--Entegris (Nasdaq: ENTG), a global leader in advanced materials science, and the U.S. Department of Commerce have signed a non-binding Preliminary Memorandum of Terms (PMT) for up to $75 million in proposed direct funding to Entegris under the CHIPS and Science Act. This funding would support the development of a state-of-the-art facility in Colorado Springs designed to create products critical to the future of semiconductor manufacturing in the U.S.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter's best and worst performers in the semiconductor manufacturing industry, including KLA Corporation (NASDAQ:KLAC) and its peers.