Schmid shares advance as AI infrastructure demand boosts equipment orders

Schmid Group N.V. 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 ...

SCHMID Group Records More than €26 Million Order Intake since Mid-May, Driven by AI Infrastructure and Optical Module Demand

SCHMID Group (NASDAQ: SHMD) (the “Company” or "SCHMID") announces a strong combined order intake of more than €26 million since mid-May 2026, reflecting multiple customer orders and continued market ...
Business Wire

Cadence Introduces Allegro X AI, Accelerating PCB Design with More Than 10X Reduction in Turnaround Time

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the Cadence ® Allegro ® X AI technology, a next-generation system design technology that offers ...
DIGITIMES

China PCB maker DSBJ bets US$1.2 billion on AI optical modules

Suzhou Dongshan Precision Manufacturing (DSBJ) will invest US$1.2 billion to expand optical chip and optical module capacity at Source Photonics, accelerating its shift from PCB manufacturing into AI ...