Soitec revenue down 29% year-on-year as auto weakness offsets AI demand
03/02/2026 16:58
Feb 3 - French semiconductor materials supplier Soitec SOIT.PA on Tuesday reported third-quarter revenue of 160 million euros, down 29% year on year, as continued weakness in automotive markets offset strong AI-related demand. (Reporting by Leo Marchandon in Gdansk) ((leo.marchandon@thomsonreuters.com))
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