Schmid Group N.V.
(NASDAQ:SHMD) stock price spiked Tuesday after the company reported more than 26 million euros (roughly $30 million) in combined order intake since mid-May 2026.
The German technology company said demand came from advanced PCB and substrate manufacturing technologies used in AI infrastructure and next-generation optical module supply chains.
Schmid Orders Driven By AI Demand The recent orders cover Schmid's InfinityLine Production Equipment for High-Density Interconnect Multilayer and modified Semi-Additive Processing applications.
The equipment supports AI servers, high-speed networking, optical communication modules, and next-generation data infrastructure.
