Deutsche Bank upgrades Siltronic on AI-fuelled silicon wafer shortage

Siltronic AG

31/07/2026 08:10

** Siltronic WAFGn.DE is up around 7% after Deutsche Bank upgraded to "buy" from "hold"
** The German silicon wafers maker is set to benefit from higher bargaining power as AI demand pushes the 300mm wafer industry into shortage conditions, the broker says
** "Tightness on 300mm is such that industry utilization should head to the mid-90s pct in H2-26," it notes
** As spot prices will head above long-term agreement pricing in the next 12 months, renewals from 2027 can be a positive driver for the co's sales, the broker adds
** Out of 13 analysts covering the stock, 3 rate it "strong buy" or "buy", 6 "hold" and 4 rate it "strong sell" or "sell" - LSEG data
     

(Reporting by Emanuele Berro)
((emanuele.berro@thomsonreuters.com))