AIXTRON SE UNSP/ADR

The GaN LED chips market is projected to reach $74 billion by 2034, driven by rising demand for micro-LED displays in consumer electronics and automotive sectors. Key factors driving growth include enhanced brightness, color accuracy, and energy efficiency of GaN-based LEDs.

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Aixtron reported strong Q2 order intake, driven by demand for silicon carbide products, despite lowering its annual revenue and EBIT margin forecasts. Jefferies analysts view the forecast adjustments positively, as they believe it removes uncertainty for investors.

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