Movement Alert｜Entegris Rises 5.53% in Pre-Market Trading, Signs Cross-Licensing Agreement with JSR to Advance EUV Lithography Technology

Market Focus05-27

On May 27, Entegris rose 5.53% in pre-market trading, trading at $149.98/share, with trading volume of $1.1449 million.

On the news front, Entegris and JSR's Inpria division signed a non-exclusive cross-licensing agreement focused on metal oxide resist patents to advance extreme ultraviolet (EUV) lithography for chip manufacturing. Under the agreement, both parties will cross-license metal oxide resist patents, terminate ongoing inter partes review challenges, and explore future collaboration opportunities in photoresist materials. The companies stated the collaboration supports the application of advanced materials in semiconductor manufacturing as they scale frontier technologies for the artificial intelligence era.

Within the Semiconductor Equipment sector where Entegris belongs, individual stocks broadly strengthened. Among them, Applied Materials up 2.66%, Lam Research up 4.26%, ASML Holding up 1.9%, KLA-Tencor up 3.87%, Teradyne up 3.82%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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