Novellus Systems is among the world’s largest Semiconductor Equipment sector businesses in the world. Novellus Systems’s employees generate $219.1M in profits on $1.690B of revenue. Global output in the Semiconductor Equipment business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Novellus Systems is determined to remain a market leader. Sectoral leadership in the Semiconductor Equipment segment takes dedication and consistency, but management seeks out-sized growth.
Novellus Systems’s ticker symbol NVLS has recently been trading near $28.82 a share. The Novellus Systems corporate headquarters in San Jose CA predicts Semiconductor Equipment profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $3.642B ensures sufficient liquidity. With a beta of 2.58, the company is more volatile than the market as a whole. When the average equity moves higher, Novellus Systems moves more aggressively.
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