Aixtron Q1 orders above last year, says US rates currently insignificant

By Ozan Ergenay German Chip Systems manufacturer, Aixtron, on Wednesday, reported a 10% increase in quarterly orders and stood with its full year guidance and said the risks associated with US rates were “currently insignificant to the sector”. The company placed an order intake in the first quarter of 132.2 million euros, aided by great demand from Asia. “The risks associated with US tariffs are currently considered insignificant, as semiconducting equipment is not currently subject to US rates,” Aixtron said in a statement. Shares in Aixtron, which has dropped by 25.5% since the beginning of the year, increased by 3.7% from 0636 GMT. US President Donald Trump’s greasy rates and uncertainty about his trading policy have made world markets disappear and drain the economic optimism of investors. Still, technology and car-related shares received something from a postponement after China released some goods from US rates and the US removed smartphones and other electronics from its rates on China. Trump also signed an order on Tuesday to soften the battle of his car rates. Aixtron said it would monitor the impact of US rates and any countermeasures to assess the effects on supply chain and production, as well as the client’s demand and to ‘take corrective actions if necessary’. This made the revenue of the first quarter of 112.5 million euros, exceeding the analysts’ expectations of 102.5 million euros in a survey by Lseg. “We are pleased with the beginning of the new year. The intake of higher orders compared to the previous year confirmed that our product range was very well positioned, even in a challenging market environment,” CEO Felix Gragert said. Aixtron also said it expected in a series of about 120 million to 140 million euros for the second quarter, compared to 131.8 million euros last year. Analysts at Jefferies say Aixtron’s first -quarter sales and orders came into the estimates, saying that the timing of recovery is difficult to judge. This article was generated from an automated news agency feed without edits to text. First published: 30 Apr 2025, 12:29 pm Ist