SUSS MicroTec slumps 10% after analysts flag falling AI demand

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