35 Chip Stocks In Focus Amid Tech Selloff

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21. Entegris, Inc. (NASDAQ:ENTG)

Number of Hedge Fund Holders: 42   

Entegris, Inc. (NASDAQ:ENTG) develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions. In the earnings for the third quarter of 2024, the company reported GAAP net income of $77.6 million. In December last year, the company and the US Department of Commerce entered into a definitive agreement with the firm providing for up to $77 million in funding under the CHIPS and Science Act. This funding will support the development of a cutting-edge center in Colorado Springs, focused on creating products essential for the future of semiconductor manufacturing in the US.

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