The Silicon Valley company is best known for supplying wafer fabrication equipment and services, which are used to produce the chips that go into cell phones, computers, and electronic gagets. The company has around 9,100 employees as of 2017.
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Jeeps, booze and bank stocks all played a role.
It follows the worst two-day drop for the sector in nearly a year.
Multibillion dollar deals gone sour
Semiconductor and cybersecurity stocks are poised for growth—and relatively cheap.