ATLKY - Atlas Copco Hits An Air Pocket On Weaker Vacuum Results
I was worried about the possibility of weaker semiconductor orders and slowing industrial activity when I last wrote about Atlas Copco (ATLKY) in July, and those worries are looming even larger now. There’s no longer any real debate about weakness in the semiconductor equipment space; the argument is now about how bad it will get and how long it will last. Likewise, I think it’s becoming increasingly apparent that there are more than a few industrial end-markets that are seeing meaningful decelerations.
None of this is good news for Atlas Copco in the