Aixtron jumps after confirming Q3 results, highlighting robust orders

By Reuters News

** Shares in Aixtron AIXGn.DE rise 6% after the German chip systems manufacturer confirmed its pre-released Q3 results and signalled strong order momentum would continue

** Aixtron's Q3 order intake jumps 122% to €275 million ($306.54 million) from €124 million a year earlier

** The company expects to sustain or further increase the current strong level of order intake in the coming quarters, supported by demand for optoelectronics and growing momentum in power electronics

** "Aixtron has reported Q3 results in line with the preliminary announcement and 2026 guidance has been confirmed, however, composition of the order intake and positive commentary on order trajectory are likely to be more meaningful," J.P. Morgan says

** "Specifically, power orders have shown a strong uptick and commentary in the press release suggests that the strong order intake can continue in the coming quarters," it adds

** The stock tops Germany's mid-cap index .MDAXI and is among the best performers on the pan-European STOXX 600 .STOXX index

($1 = 0.8971 euros)

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