Naura Technology first-half net profit attributable to parent at 3.37 billion yuan, up 5.1% year on year

Applied Materials expanded its partnership with BE Semiconductor Industries, also known as Besi, to develop advanced packaging technologies for artificial intelligence infrastructure, sending its shares up 2.5% in the afternoon session. Under the agreement, Besi joined the company's EPIC Center as an Innovation Partner, with the collaboration focused on next-generation 3D integrated circuit scaling, logic and memory integration, photonics, and interconnect architectures. The expanded partnership builds beyond hybrid bonding to develop new interconnect architectures that support artificial intelligence scaling requirements. After the initial pop, the shares cooled down to $522.95, up 2.3% from the previous close. Applied Materials is up 94.5% since the beginning of the year, but at $522.95 per share it is still trading 27.7% below its 52-week high of $723 from June 2026.

Wall Street analysts' mean price target of $651 on Applied Materials implies 34.2% upside from the stock's last close of $485, according to Zacks Investment Research. The consensus is built from 33 short-term price targets, ranging from a low of $478.00 to a high of $900.00, with a standard deviation of $95.43; the lowest estimate implies a 1.4% decline while the most optimistic points to 85.6% upside. Over the past 30 days, two estimates for the current year have moved higher against no negative revisions, lifting the Zacks Consensus Estimate by 0.4%. Applied Materials currently carries a Zacks Rank #2 (Buy), which places it in the top 20% of more than 4,000 stocks ranked on earnings-estimate factors. The article cautions that price targets are often overly optimistic and should be treated with skepticism, but argues that the direction of earnings estimate revisions offers a more reliable guide to near-term upside.

Axcelis Technologies announced a $35 million investment in a new ion implantation equipment factory in Pyeongtaek, Gyeonggi Province, Korea, with a groundbreaking planned for October 20 and output not scheduled until the back half of 2028. The roughly 200,000-square-foot site will include warehousing, a training center, and two grades of cleanrooms, and CEO Russell Low framed it as an extension of Axcelis' existing Korean presence meant to serve rising global semiconductor demand; Executive Vice President Robert Mahoney took part in an investment declaration ceremony in Washington, D.C., alongside Korean trade officials. The move follows the company's August 6, 2026 second-quarter report, in which revenue rose from a year earlier and beat its own forecasts on stronger system shipments and aftermarket business, with Axcelis guiding to roughly $230 million in third-quarter sales and expecting revenue growth in 2026 that carries into 2027. Even so, GAAP earnings per share fell to $0.75 from $0.98 a year earlier and gross margin slid to 42.4% from 44.9%. Axcelis also has a pending merger with Veeco still awaiting remaining conditions, targets a close in the second half of 2026, and is operating with an interim CFO, while 33 hedge funds held the stock in the most recent quarter, up from 25, and short interest stands at 6.70% of the float.