SUSS MicroTec slumps 10% after analysts flag falling AI demand

SUSS MicroTec SE

28/03/2025 09:43

** Shares in German semiconductor company SUSS MicroTec SMHNn.DE fall more than 10% after analysts raise concerns on weakening AI demand

** The company's main customers like Micron MU.O and Samsung 005930.KS seem to have already installed significant capacity, which slows incoming orders, Jefferies says

** Q1 order intake is expected to be at, or modestly above, the Q3 level, transforming to a 10% decline Y/Y, Deutsche Bank says

** AI-related investments face ongoing challenges, with market concerns about the sustainability of AI hardware supply chain investments potentially impacting top-line momentum in the coming quarters, DB adds

** Jefferies expects FY 2025 sales of EUR 482 mln, below the EUR 490 mln mid-point of guidance

** The shares are at the bottom of the Germany's small-cap index .SDAXI

 (Reporting by Amir Orusov; Editing by Amanda Cooper)

 ((Amir.orusov@thomsonreuters.com))