Schmid Group gains on major AI, HPC equipment order from China PCB maker

* Schmid Group (SHMD [https://seekingalpha.com/symbol/SHMD]) has secured [https://seekingalpha.com/pr/20432727-schmid-group-secures-major-order-for-wet-process-production-equipment-supporting-ai-and-hpc]a low two-digit million-USD purchase order from a major Asian high-end PCB manufacturer for a new HDI multilayer production line, sending shares 11% higher in premarket trading.
* The systems will support the manufacturing of next-generation AI server boards and high-performance computing (HPC) platforms, one of the fastest-growing segments of the electronics industry.
* Schmid Group (SHMD [https://seekingalpha.com/symbol/SHMD]) said the customer is a high-technology PCB manufacturer in China with strong exposure to global hyperscale and data center infrastructure markets. The order covers multiple wet process systems designed for high-layer-count HDI multilayer boards, addressing the increasing complexity and reliability requirements of AI and HPC hardware.
MORE ON SCHMID GROUP N.V.
* SCHMID Group announces $30M convertible notes financing [https://seekingalpha.com/news/4540840-schmid-group-announces-30m-convertible-notes-financing]
* Financial information for SCHMID Group N.V. [https://seekingalpha.com/symbol/SHMD/income-statement]
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