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CVD Equipment’s orders grow 73% in first-half 2022

What happened

CVD Equipment Corp reported Q2 2022 orders exceeding $12.6 million, more than double the $6 million from a year ago, representing a 73% growth in orders for the first half of 2022. This surge in orders for its chemical vapor deposition and gas control equipment indicates strong capital expenditure demand from semiconductor manufacturers. Bullish: This signals robust upstream equipment demand, which is a leading indicator for future semiconductor production capacity and can tighten the supply of advanced manufacturing tools.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

CVD EquipmentSemiconductor Manufacturing Equipment
CVD Equipment Corp
orders-surgecapex-demandequipment

Source and time

Source: Semiconductor Today · 7/15/2022 · View original source

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