How Air Products Is Pairing Industrial Gas Growth With Semiconductor Demand Air Products' recent fiscal Q2 update has sent its stock soaring, with Goldman Sachs raising its price target to $355 from $325.
However, beneath the surface of this growth story lies a more nuanced tale – one that highlights both opportunities and risks in the company's foray into semiconductor production.
The partnership between Air Products and Samsung to build and operate production facilities and supply systems for its new advanced semiconductor fab in South Korea underscores the growing importance of industrial gases in the electronics sector.