Kulicke And Soffa Industries Likely To Win Order From Leading Semiconductor Company, Says Bullish Analyst
KLIC shares rose 2% on Friday after a weak week. KLIC secured an order for fluxless TCB from a leading foundry. Analyst upgraded KLIC from Hold to Buy, price target set at $55. TCB revenues expected to grow 40%-50% year-on-year in 2025. KLIC is ahead of rival ASMPT, which failed TCB qualification.
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