This Semiconductor Supply Stock Is Having Its Best Day Since 2008. Here's Why. -- Barrons.com

Dow Jones
2025/12/11

By Nate Wolf

Shares of Photronics soared Wednesday after the maker of photomask technologies, a component in semiconductors, reported better-than-expected quarterly earnings.

The stock was up 35% to $34.59, putting it on pace for its highest close since 2002 and its largest single-day gain since 2008, according to Dow Jones Market Data.

Photronics posted adjusted earnings of 60 cents a share for its fiscal fourth quarter, ahead of analysts' consensus forecast of 45 cents, according to FactSet. Revenue declined 3.1% from last year to $215.8 million but was higher than Wall Street's call of $205.2 million.

Artificial intelligence is one part of the equation. Photronics saw increased demand last quarter for its larger-format photomasks, which support the process of making chips usable for AI. Demand tied to "edge AI applications" in Asia also is on the rise, CEO George Macricostas said on a conference call Wednesday.

The company expects revenue between $217 million and $225 million in its fiscal first quarter, up from $212 million last year. Analysts had forecast revenue to decline ahead of the latest earnings report.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

December 10, 2025 11:41 ET (16:41 GMT)

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