da-kuk It is no secret that artificial intelligence [AI] has been the growth story for the 2020s. The global AI market is expected to grow at a robust pace of 37.3% annually to reach about $1.7 trillion by the end of 2030. One of the main components that makes AI possible is integrated circuits [ICs]…
da-kuk Photronics, Inc. (NASDAQ:PLAB) is a global player operating in the semiconductor and LCD screen market. It enjoys good financial ratings, in particular Revenue and EBIT has grown by double digits since 2022 and this has also allowed the share price to reach its 10-year historical high in 2023. The high level of margins was…
kynny Investment Thesis As the largest global merchant supplier of photomasks, Photronics (NASDAQ:PLAB) enjoys a strong competitive position in a market with massive secular tailwinds. However, near-term macroeconomic uncertainties have put pressure on the stock, creating an attractive entry point for investors. Photronics: Leveraging Secular Tailwinds in Semiconductors Photronics holds an enviable position as the…
Ignatiev/E+ via Getty Images Investment thesis Photronics (NASDAQ:PLAB) is an IC and Flat Panel Displays (FPD) photomask producer that is benefiting from the increasing demand for consumer electronics, innovative medical devices, and displays for mobile devices and ultra-large screen televisions. Photomasks are components that have been used to manufacture nearly every semiconductor that has ever…