BE Semiconductor Shares Soar as Fourth Quarter Bookings Double
A video showing the manufacturing of semiconductor chips at the BE Semiconductor Industries N.V. booth at the Semicon Taiwan exhibition.
Photographer: I-Hwa Cheng/BloombergBE Semiconductor Industries NV’s shares rose after the Dutch chip toolmaker said fourth quarter orders doubled on the back of increased demand for data center applications and from photonics customers.
Preliminary orders reached about €250 million ($292 million) in the fourth quarter, a 105% increase over the previous year, the Duiven-based company said in a statement Monday. That compares with an average analyst estimate of €198 million, according to compiled by Bloomberg.