Varian Semiconductor Equipment – ‘Fab’ Prospects

Varian Semi [VSEA - $28.22] is a supplier of ion implantation systems to semiconductor manufacturers. They hold leading market share of the specialized equipment used to form transistors during the semiconductor fabrication process. Major customers include Intel and Taiwan Semiconductor.

Fiscal 2009 (ended Sep. 30, 2009) marked the low point for this cyclical company although the [...]