Soitec

Soitec has issued a new convertible bond to bolster liquidity and finance planned future investments. The company is positioning itself in the niche for SOI wafers and expects to benefit disproportionately from the megatrend in optical data transmission. The stock has risen by more than 10% over the past two weeks. » More on finanzen.net

Soitec has raised its revenue growth forecast for Q2 of fiscal 2027 to about 50% year‑on‑year (constant currency) after demand for Photonics‑SOI wafers for AI data centers accelerated. The company expects Q2 Photonics‑SOI revenue to reach roughly three times the prior‑year quarter, around $25m; the CEO’s target of more than $200m for the fiscal year is defined as a floor. Drivers are stronger customer demand, multi‑year supply contracts with upfront payments, flexible capacity adjustments and a market share of about 95% in the segment. The stock jumped about 12.5% to around €126 (day high €129.20). » More on de.investing.com

Soitec shares rose about 6% after the company tied up customers with multi-year capacity reservation contracts for photonics wafers. Around 80% of the contracts with more than ten customers are expected to be signed within one to two weeks; they include fixed prices, demand-linked deposits and refunds on purchase. Soitec expects revenue from photonics-SOI to rise in this fiscal year from just over $100m to more than $200m, sees its market share at about 95% and does not expect a new factory before 2029. » More on de.investing.com