Schmid Group N.V. saw its shares rise more than 10% on Tuesday after reporting a combined order intake of over €26 million since mid-May 2026, driven by customer investments in advanced PCB and substrate manufacturing technologies for AI infrastructure. The German technology company, listed on NASDAQ under the ticker SHMD, attributed the demand to the build-out of next-generation optical module supply chains and high-performance electronics. This surge in orders underscores sustained market momentum in high-density interconnect technologies as the industry transitions from evaluation to capacity investment.

The recent wins cover InfinityLine Production Equipment for High-Density Interconnect Multilayer (HDI-ML) and modified Semi-Additive Processing (mSAP) applications. These technologies serve AI servers, high-speed networking, optical communication modules, and advanced interconnect platforms. Roland Rettenmeier, Chief Sales Officer of Schmid Group, highlighted that the equipment delivers process stability and manufacturing precision required to support yield performance above 99%, a decisive factor for profitable high-volume production.

Order Intake and Regional Performance

HDI-ML emerged as the strongest contributor to the recent order intake, with multiple investments linked to capacity expansion and technology upgrades for advanced multilayer printed circuit boards. The regional mix confirms structurally strong demand led by Asia's core electronics manufacturing ecosystem, with customers primarily in China, Taiwan, and South Korea, alongside selective expansion in Europe. Additionally, mSAP technology contributed to the business, reflecting the industry's shift toward finer-line PCB manufacturing for higher routing density and improved electrical performance.

Financial Overview

The following table summarizes the order intake figures disclosed by the company:

Strategic Expansion in China

Separately, Schmid Group announced plans for a new company-owned manufacturing campus in Zhongshan, Guangdong Province, China. The Freudenstadt-based manufacturer signed preliminary agreements with local authorities to combine two leased facilities into a single company-owned campus. The site is expected to nearly double effective manufacturing capacity, with operations targeted around mid-2027.

Market Outlook

Schmid expects continued momentum in the HDI-ML and mSAP segments as customers accelerate capacity investments for the next phase of AI infrastructure build-out. The company forecasts a strong second half of 2026 and continued growth into 2027, supported by a strengthening pipeline and structural growth trends in advanced networking and high-density electronics manufacturing.

Edison has issued a report on SCHMID, a designer and manufacturer of equipment for the electronics industry, specifically for printed circuit board (PCB) and advanced packaging manufacturing. The report identifies a potential material uplift in FY26 for the company, driven by the rollout of high-volume manufacturing of new advanced packaging techniques. This demand is expected to be sustained in the medium to longer term, providing a significant opportunity for growth.

SCHMID operates in the higher end of the sector, where advances in packaging are driving demand for new processes and materials. The company has developed cutting-edge tools and patented processes to address these needs. Following a couple of years of weaker demand, the report suggests that the market dynamics are shifting favorably for SCHMID.

The report highlights several factors contributing to the positive outlook. A recently strengthened balance sheet provides a solid foundation for growth. Additionally, the growing addressable market and the potential to progressively improve profitability are seen as key drivers for upside to the current valuation.

Edison is authorised and regulated by the Financial Conduct Authority. The firm clarifies that it is not an adviser or broker-dealer and does not provide investment advice. The reports published by Edison are not solicitations to buy or sell any securities.

For more information, the full report is available on Edison's website. The firm can be contacted via email at enquiries@edisongroup.com or by phone at +44 (0)20 3077 5700.