Entegris Q2 Adj. EPS $0.93 Beats $0.82 Estimate, Sales $883.200M Beat $835.532M Estimate

Shares of semiconductor and chip companies are trading lower. The industry may be pulling back ahead of Nvidia's Q2 earnings report due August, 26.

Shares of semiconductor companies are trading lower amid concerns that OpenAI's Q2 earnings may weigh on AI growth. Today's Fed minutes revealed that many participants assessed that higher rates would likely be necessary if inflation did not fall.

Shares of wafer-fabrication-related semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.

Entegris Announces Patent Decisions In Taiwan And China Upholding Colloidal Silica Slurry Technology For CMP Applications

Entegris, Inc. (NASDAQ:ENTG), a leading supplier of critical advanced materials and process solutions for the semiconductor and other high-technology industries, today announced recent decisions in Taiwan and China