Economy · World
Chip Wafer Maker Soitec Secures Multi-Year Deals Amid AI Demand
French semiconductor materials company Soitec has secured multi-year customer agreements driven by a surge in demand for AI-related wafers. The company is locking in customers for its specialized silicon carbide (SiC) wafers, essential for high-power electronics used in electric vehicles and AI infrastructure. This strategic move aims to capitalize on the growing market for AI applications and the ongoing transition to electric mobility.
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- Centre (2): Reuters, The Economic Times