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The latest announcement is out from Axcelis Technologies ( (ACLS) ).
Axcelis Technologies has announced that the new interim final rules by the U.S. Department of Commerce BIS, which add new companies to the U.S. Entity List and regulate semiconductor equipment exports to China, could reduce its total annual revenue by $20 million to $50 million in Fiscal Year 2025. The financial impact of these regulations is still under assessment and may change, highlighting potential challenges for the company’s operations and industry positioning.
More about Axcelis Technologies
YTD Price Performance: 4.13%
Average Trading Volume: 633,787
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.38B
For detailed information about ACLS stock, go to TipRanks’ Stock Analysis page.
