SILTRONIC AG NA O.N.

Despite recent relative strength, Siltronic has lost about 20% since the year's high at the end of May and has been in a short-term downtrend since early June. The stock is tracing a descending triangle with a flat support around €81 and a falling upper trendline (106 → 97 → 90 euros). If a breakout above the upper trendline fails, a downward breakout could occur in the coming trading days, which could drive the price down to around €70. The overall market for chip and semiconductor stocks remains volatile; a sustained rebound is possible but the conditions for one are currently lacking. » Plus sur finanzen.net

CEO Michael Heckmeier sees Siltronic as the only western producer of silicon wafers and expects a sustained upswing driven by demand from AI data centers. Write‑downs on the Singapore plant have weighed on results and turned the half‑year EBIT negative; about €500 million has been written down so far. Siltronic holds roughly an 11 percent wafer market share, funds itself mainly through bank loans, and views EU funding initiatives as an opportunity but also as a sign that it lags behind countries like South Korea. Heckmeier emphasizes the importance of production alongside research in Germany, while criticizing the negative business climate there. » Plus sur faz.net

Shares of Siltronic jumped sharply after trading opened, after UBS, Deutsche Bank and Kepler Cheuvreux issued buy recommendations. UBS analyst Harry Blaiklock sees 2027 as a potential turning point after four years of revenue decline and points to rising demand for 200‑millimeter wafers, a shrinking supply and increasing prices as drivers. The stock eased back somewhat after the initial surge but was still recording gains most recently. » Plus sur finanzen.net