Former Intel property sold for $12 million
Intel's 148.66-acre parcel on Reed Road was sold to Hudson Reed Owner LLC., a company based in Newton, for $12 million.
Source: communityadvocate.com
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Israeli edge AI chipmaker Hailo raises $136m
The financing round of the advanced AI processor developer was completed at a company valuation of over $1 billion, according to sources close to the matter.
Source: globes.co.il
Onto Innovation Is a Sleeper Stock That Can Rally 85%: Portfolio Manager
Thesis Onto Innovation is an underfollowed (lightly covered by six sell-side firms) company that is the product of the October 2019 combination of Nanometrics and Rudolph Technologies. The combination of the two companies vaulted Onto from a third- to a second-tier supplier to the semiconductor manufacturing industry. Nanometrics was known principally for its metrology and software tools and sold exclusively to semi manufacturers. Rudolph Technologies had strong businesses in inspection, metrology, lithography, and process control and yield management software. Rudolph’s business was...
Source: barrons.com