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While headwinds persist for the semiconductor industry, signs within the industry suggest not all is lost for Kulicke and Soffa Industries (NASDAQ: KLIC). High inventory and weak demand are plaguing some sections of the semiconductor market, and that is bad news for companies like AMD (NASDAQ: AMD), which recently marked down inventory.
While boring but safe industries look quite compelling amid the rancorous noise of the banking sector fallout and the ever-present concern of high inflation, investors will to take some risks may want to consider solid technology stocks to buy for consistent or credible returns. As leading innovators, these enterprises may eventually find traction, thus leading to upside returns.
At first glance, the concept of tech stocks to buy might seem exceptionally risky at this juncture. After all, the market continues to digest the bank runs and failures of two major financial institutions.
Three semiconductor investors discuss Kulicke and Soffa Industries' earnings.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC ) Q1 2023 Earnings Conference Call February 2, 2023 8:00 AM ET Company Participants Joe Elgindy - Senior Director, Investor Relations Fusen Chen - President and Chief Executive Officer Lester Wong - Chief Financial Officer Conference Call Participants Krish Sankar - Cowen Craig Ellis - B. Riley Charles Shi - Needham and Company David Duley - Steelhead Securities Hans Chung - D.A.
Kulicke and Soffa (KLIC) delivered earnings and revenue surprises of 85% and 0.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Kulicke & Soffa trades at just 7.5 times trailing 12-month earnings, and the semiconductor/semicap super cycle could be stronger and longer than the market expects
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SINGAPORE , Jan. 12, 2023 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced a conference call is scheduled to discuss the Company's first fiscal quarter 2023 financial results, and its business outlook, on Thursday, February 2, 2023, at 8:00am EST. The Company will issue its first fiscal quarter 2023 financial results the evening of Wednesday, February 1, 2023.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC ) Q4 2022 Earnings Conference Call November 17, 2022 8:00 AM ET Company Participants Joseph Elgindy - Senior Director, Investor Relations Fusen Chen - President & Chief Executive Officer Lester Wong - Executive Vice President, Finance and IT and Chief Financial Officer Conference Call Participants Krish Sankar - Cowen and Company David Duley - Steelhead Securities Craig Ellis - B. Riley Charles Shi - Needham Operator Greeting and welcome to the Kulicke & Soffa 2022 Fourth Quarter Fiscal Results Call.