Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems for semiconductor capital equipment in the United States, the United Kingdom, Singapore, and Malaysia. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising electroplating and cleaning. It also manufactures components for fluid delivery systems. Ichor Holdings, Ltd. was founded in 1999 and is headquartered in Fremont, California.
Semiconductor manufacturing equipment suppliers saw their shares jump on Wednesday after positive reports from ASML Holding (ASML) and Ichor Holdings (ICHR). Dutch lithography gear specialist ASML on Wednesday delivered better-than-expected fourth-quarter results and gave bullish commentary about the year ahead. Ichor, a provider of fluid delivery subsystems for chipmaking equipment, gave preliminary fourth-quarter results that topped views.
Get ready for earnings report next week. While everything else was shitting the bed on Friday, this was up +9.3%. Forward P/E of 5, growth rate of 24.5%, AND over 30% of the float is short. There's a setup for demand to start overwhelming supply.