Soitec rises after Reuters reports multi-year AI wafer supply deals

STMicroelectronics

31/08/2026 08:20

** Shares in French chip materials maker Soitec SOIT.PA rise 3.1% after Reuters reported the company was locking customers into multi-year supply agreements for wafers used in AI data-centre optics
** Meanwhile, shares of European peers ASML ASML.AS, STMicroelectronics STMPA.PA and BE Semiconductor Industries BESI.AS were slightly down
** Soitec CEO Laurent Remont says 80% of more than 10 photonics capacity-reservation agreements are expected to be signed within one to two weeks
** Remont says photonics-SOI revenue above $200 million this financial year is "absolutely a floor", versus last year's result that was slightly above $100 million
** Including Monday's rise, the Soitec shares are up 376% year-to-date

(Reporting by Nathan Vifflin in Gdansk)
((nathan.vifflin@thomsonreuters.com; gdansk.newsroom@thomsonreuters.com; +48 58 769 67 13;))