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Benchmark Lists Impact Of Russia-Ukraine Crisis On Semiconductor Industry

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·1 min read
In this article:
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  • 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

View More Analyst Ratings for COHR

View the Latest Analyst Ratings

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