Süss MicroTec, a semiconductor equipment supplier, faces a sharp decline in orders amid uncertain market conditions. The company reported second-quarter orders of just €79 million, a 16% drop year-over-year, with first-half orders shrinking 13% to €167 million. Management attributes the slowdown to cautious customers delaying purchases or shifting demand away from products like temporary bonders and debonders, which were highly sought during the initial AI boom. The stock plummeted over 20% in late July after the company revised margin forecasts downward, though revenue targets were maintained.
Investors Brace for Prolonged Weakness
Despite the downturn, shares have stabilized near €31.50, suggesting the market may have priced in the challenges. Analysts question whether this marks a temporary lull or the end of Süss MicroTec’s recent growth streak. With clients focused on deploying existing equipment rather than placing new orders, the company could face an extended slump unless demand rebounds in coming quarters.
