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Aixtron hits over 2-year high after strong Q1 orders, guidance hike

** Shares in Aixtron AIXGn.DE jump 14% to their highest price in more than two years after the German chip systems manufacturer reported solid Q1 orders and raised its FY guidance

** Q1 order intake was around 171 million euros ($201.5 million), up 30% from 132.2 million euros last year

** Aixtron expects 2026 revenue of around 560 million euros, plus or minus 30 million euros, versus previously guided 520 million euros within the same range

** "Strong Q1 orders with positive momentum in optoelectronics business," J.P. Morgan says

** "Given upgrades to near-term estimates and clearly positive order commentary, we expect to see Aixtron shares to outperform in response," JPM adds

** The stock, which has gained 130% YTD including Wednesday's rise, tops Europe's benchmark Stoxx 600 index .STOXX

($1 = 0.8485 euros)

(Reporting by Ozan Ergenay)

((ozan.ergenay@thomsonreuters.com))

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