SCHMID Group Announces Strong Order Intake of Over €26 Million Driven by AI Infrastructure Demand
SCHMID Group N.V. reported an order intake exceeding €26 million since mid-May, driven by demand for advanced PCB and substrate manufacturing technologies for AI infrastructure and next-generation optical module supply chains. The orders, primarily for InfinityLine Production Equipment, were secured in China, Taiwan, and South Korea, with additional business from Europe. These orders cater to applications such as AI servers, high-speed networking, optical communication modules, and advanced data infrastructure, indicating significant customer investment in high-performance electronics manufacturing. The company highlighted that the market is transitioning from technology evaluation to capacity investment, with SCHMID well-positioned to capitalize on this trend. The press release also provided an update on share issuances and convertible note conversions.