Novellus

Novellus, which is based in San Jose, California, has climbed 21 percent since that announcement while a gauge of technology stocks in the Standard & Poor's 500 Index has fallen 0.6 percent during the same period.

BusinessWeek.com -- Top News 2011

Adjusted earnings of 88 cents per share beat analyst estimates, and revenue at Novellus Systems

Novellus Nails It, Reverses Last Year's Loss MarketNewsVideo.com 2010

Fellow semiconductor-equipment maker Novellus Systems Inc. also projected weak third-quarter results Monday.

Applied Tames Projections on Chip-Maker Spending Shara Tibken 2011

Lam Research Corp., which makes equipment used in chip manufacturing, is buying Novellus Systems Inc. in an all-stock deal that values its peer at around $3.3 billion, the companies said.

Lam to Buy Novellus in $3.3 Billion Deal Anupreeta Das 2011

Novellus Systems fell 4.02, or 11%, to 31.75, and Microchip Technology dropped 4.55, or 12%, to 32.93.

Global Pain Shakes the DJIA Again Steven Russolillo 2011

Semiconductor equipment maker Novellus Systems swung to a profit in the third quarter, of $76.3 million, or 82 cents per share, compared to a loss of $4 million, or 4 cents per share, in the same quarter last year.

Novellus Nails It, Reverses Last Year's Loss MarketNewsVideo.com 2010

Novellus Systems was the biggest advancer in the S&P 500, rallying 16% after the company agreed to be acquired by fellow chip-equipment maker Lam Research in an all-stock deal that values Novellus at about $3.3 billion.

Blue Chips Smile on U.S. Data Brendan Conway 2011

His worst call, he says, was underestimating the ability of Novellus Systems Inc. to cut costs.

Semiconductor Equipment 2011

This is bad news for the semiconductor companies, but worse for the businesses that provide equipment for chipmakers, such as Applied Materials, KLA-Tencor, Novellus and Tokyo Electron.

How Low Can We Go? Gartner Sees Bigger Drop in Chips 2009

The comments from Applied and Novellus, as well as a dismal forecast late Monday from chip maker Microchip Technology Inc. are raising investor concerns about the industry's second half.

Applied Tames Projections on Chip-Maker Spending Shara Tibken 2011