Profits down sharply due to bottoming semiconductor cycle and investment in EUV and IC package lithography and other long-term opportunities. Huge buyback. PBR 0.9. 12x EPS target. Long-term buy.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.