Axcelis expects immaterial impact from relationship with silicon valley bank

Company has relationships with multiple us and foreign banks beverly, mass. , march 12, 2023 /prnewswire/ -- axcelis technologies, inc. (nasdaq: acls), a leading supplier of enabling ion implantation solutions for the semiconductor industry, today announced that it expects the collapse of silicon valley bank (svb) into receivership by the federal deposit insurance corp. to have an immaterial impact on the company.
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