Axcelis estimates $20M-$50M FY2025 revenue hit from new BIS China export rules

AXCELIS TECHNOLOGIES INC

BIS interim final rules (Dec 2, 2024) add entities to Entity List, restrict semiconductor equipment exports to China.
Axcelis estimates FY2025 revenue reduction of $20M-$50M from the 2024 BIS Rules.
Impact based on preliminary review; estimate subject to change as further assessment continues.
No other details on specific products or customer impacts provided in this filing.

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