In late September 2026, AT&S Austria Technologie & Systemtechnik AG announced an expanded collaboration with Marvell Technology to increase advanced IC substrate capacity for next-generation AI and cloud infrastructure, while Marvell also affirmed a quarterly dividend of US$0.06 per share payable on October 29, 2026.
This deeper manufacturing partnership gives Marvell greater access to complex packaging technologies that are increasingly critical for high-performance AI chips and data center hardware.
Next, we'll examine how this expanded AT&S manufacturing capacity could influence Marvell's AI-focused growth story and longer-term investment narrative.
The future of work is here. Discover the 89 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation.
To own Marvell, you need to believe its AI and data center franchises can justify today's rich valuation and eventually translate into stronger, more consistent earnings power. The expanded AT&S IC substrate deal directly supports Marvell's near term AI optics and custom silicon ramp, while also amplifying the existing risk that long term supplier prepayments and capacity commitments could weigh on margins and free cash flow if AI demand or customer ramps slow.

#term #substrate #Manufacturing #data

Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Launched ReefIQ in June as a proprietary substrate layer designed to convert unstructured biological data into structured representations for pharmaceutical AI models.
Transitioned the commercial strategy from discrete fee-for-service projects to broader platform partnerships where MindWalk participates in the long-term economics of created ****** ets.
Achieved a significant infrastructure milestone by validating OpenFold3 on AMD Instinct MI325X GPUs, enhancing discovery scale and ReefIQ's biological context layer.
Leveraged a deep wet-lab discovery franchise, including relationships with 19 of the top 20 global pharma companies, as a primary distribution channel for new AI platform adoption.

#june

Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Launched ReefIQ in June as a proprietary substrate layer designed to convert unstructured biological data into structured representations for pharmaceutical AI models.
Transitioned the commercial strategy from discrete fee-for-service projects to broader platform partnerships where MindWalk participates in the long-term economics of created **** ets.
Achieved a significant infrastructure milestone by validating OpenFold3 on AMD Instinct MI325X GPUs, enhancing discovery scale and ReefIQ's biological context layer.
Leveraged a deep wet-lab discovery franchise, including relationships with 19 of the top 20 global pharma companies, as a primary distribution channel for new AI platform adoption.

#reefiq

Qnity Electronics, Inc. (NYSE:Q) reported solid second-quarter 2026 financial results, driven by disciplined execution across its core segments and deep integration into high-performance technology roadmaps. On the back of strong demand momentum, the company raised its full-year 2026 financial guidance. Qnity now expects full-year adjusted EPS of $4.40 to $4.60 (up from its prior forecast of $3.80 to $4.14), net sales between $5.55 billion and $5.65 billion, adjusted operating EBITDA of $1.675 billion to $1.725 billion, and adjusted free cash flow of $600 million to $700 million.
For Q2 2026, Qnity Electronics, Inc. (NYSE:Q) generated net sales of $1.4 billion, up 22% year-over-year on a 23% volume increase. Growth was balanced across both operational divisions: Semiconductor Technologies produced $744 million in revenue (with adjusted operating EBITDA of $253 million), while Interconnect Solutions delivered $685 million (with adjusted operating EBITDA of $197 million). Adjusted EPS rose 53% year-over-year to $1.19, comfortably above Wall Street estimates. GAAP net income landed at $136 million ($0.59 per share), impacted by ongoing transformation, integration, and standing legacy costs.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.
At the same time, Qnity announced that Ken Rizvi will join as Senior Vice President and Chief Financial Officer, effective October 1. Rizvi brings extensive semiconductor leadership experience, having most recently served as CFO at Synaptics. Interim CFO Michael Goss will transition to Vice President, Finance and Controllership upon Rizvi's arrival.
This operational shift brings up a core question for investors: Does Qnity Electronics, Inc. (NYSE:Q)'s upwardly revised guidance signal a durable structural expansion powered by AI and advanced semiconductor nodes, or are lingering 2025 financial disruptions and elevated leverage going to cap long-term upside?

#qnity

AXTI surged on optical sector momentum and 165% YoY revenue growth; TE jumped 10% as new US solar tariffs protect its domestic manufacturing plans.
BW landed a 20-turbine Siemens data center deal and drew a 7.66M share Ameriprise disclosure, but still trades like a turnaround on a weak chart.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Babcock & Wilcox Enterprises didn't make the cut. Grab the names FREE today.
Three second-derivative AI plays are in focus Friday morning. AXT (NASDAQ:AXTI) is trading higher alongside a broad rally in optics names, T1 Energy (NYSE:TE) is bouncing on the domestic solar policy trade, and Babcock & Wilcox Enterprises (NYSE:BW) is drawing attention around a fresh institutional disclosure. The connective tissue: AI capex is now pulling in materials, power gear, and energy suppliers well beyond the obvious chip names.
AXT is up about 3.1% today, around $79.83, after an Aug. 13 close of $77.45. The catalyst is a sector move. Applied Optoelectronics is up about 5%, Lumentum about 4%, and Corning about 4.5%. AXT makes compound semiconductor substrates, and its indium phosphide wafers are a key input for the high-speed optical transceivers and silicon photonics used in AI data centers. When the optical connectivity trade runs, AXT runs with it as the upstream materials supplier.

#names #axti #enterprises

Sands Capital, an investment management company, released its "Sands Capital Technology Innovators Fund" Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for AI infrastructure. Information technology led the advance, with semiconductor and hardware companies accounting for most of the index's rise. The fund returned 26.9% (net) in the second quarter of 2026. The portfolio benefited from strong gains across memory, software infrastructure, cybersecurity, and other AI-related holdings, although its concentrated exposure to mega-cap chip designers and manufacturers weighed on relative performance as leadership broadened into CPUs, networking, and memory. Vertical software, internet, and financial holdings were modest detractors amid macro concerns and uncertainty over AI disruption. The fund remains focused on critical AI bottlenecks, including compute, memory, manufacturing, networking, and power, while retaining selected businesses that may use AI to strengthen their competitive positions. You can check the fund's top five holdings to learn more about its leading investment ideas for the year.
In its second-quarter 2026 investor letter, Sands Capital Technology Innovators Fund highlighted TTM Technologies, Inc. (NASDAQ:TTMI) as a new addition. TTM Technologies, Inc. (NASDAQ:TTMI) manufactures and sells mission systems, radio frequency (RF) components, RF microwave/microelectronic ******* emblies, and printed circuit boards (PCBs) and substrates in the United States and internationally. On August 7, 2026, TTM Technologies, Inc. (NASDAQ:TTMI) closed at $137.21 per share. One-month return of TTM Technologies, Inc. (NASDAQ:TTMI) was -0.64% and its shares gained 207.58% over the past 52 weeks. TTM Technologies, Inc. (NASDAQ:TTMI) has a market capitalization of $14.45 billion.
Sands Capital Technology Innovators Fund stated the following regarding TTM Technologies, Inc. (NASDAQ:TTMI) in its Q2 2026 investor letter:
"TTM Technologies, Inc. (NASDAQ:TTMI) is a leading Western manufacturer of highly complex printed circuit boards (PCBs) and integrated electronic subsystems. We believe the company is positioned at the intersection of AI data center growth and defense modernization. TTM is 75 percent sole sourced in U.S. aerospace and defense projects due to lack of domestic competitors and is already booking revenue from Golden Dome. As AI infrastructure evolves to support advanced accelerators, networking equipment, and custom compute architectures, boards require more layers, higher performance, and greater manufacturing precision, creating meaningful pricing uplift versus commoditized PCBs. We believe TTM's exposure to AI accelerator boards, networking, and defense demand can support durable earnings growth and improving qual

AXT has surged 351% YTD but is pausing as traders de-risk ahead of Lumentum's closely watched earnings after tonight's close.
Coherent, up 76% YTD, plans to double internal InP wafer output by year-end 2026, a direct demand signal for AXT substrates.
Lumentum has beaten EPS four straight quarters, with past beats averaging a 7% day-of gain and 15% one-week gain.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Shares of AXT (NASDAQ:AXTI) are drifting lower midday Tuesday, changing hands near $74 and roughly flat on the session. The relatively calm day follows a whip saw previous week that saw shares spike and then drop nearly 17% yesterday. Overall, AXT has rebounded from trading down to $36.97 on July 29th's close.

#coherent #sofi1

It is not often that TSMC (TSM) takes cues from Intel (INTC), but that is undoubtedly what's happening. According to The Information, the world's largest contract chipmaker is quietly building a new packaging technology modeled on Intel's EMIB. TSMC's own engineers are reportedly calling the project "EMIB-like" in-house. The company is developing it with a Taiwanese substrate maker, Kinsus Interconnect Technology. Following the report, TSMC's U.S.-listed shares rose about 8%, while Intel climbed roughly 11% on July 30. For a company that usually defines the industry's direction, TSMC borrowing ideas from Intel is worth a closer look.
The fight is all about how chips get packaged. TSMC's main method, CoWoS, uses a large and expensive silicon layer to link chips together. Intel's EMIB takes a leaner route, embedding tiny silicon bridges only where the chips actually connect. That makes it cheaper and potentially better suited to the increasingly large AI chip designs. The timing makes this sting more for the Taiwanese company. TSMC's CoWoS is sold out into 2027, with some customers waiting well over a year. That backlog is pushing buyers to look for alternate suppliers, and Intel is ready. Its newest version, EMIB-T, recently hit a 98% yield rate, matching CoWoS in that metric, and has already drawn interest from Google (GOOG) (GOOGL), Amazon (AMZN), and Nvidia (NVDA). Every customer who leaves over the wait chips away at TSMC's lead.
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
1 ***** anese Company Just Waved a Red Flag for Micron Stock. How to Play It Here.
Billionaire Ken Griffin Just Saved Situational Awareness, But Here's What a Rescue Call From Citadel Really Sounds Like — 'I… Heard the Grim Reaper's Scythe'

#emib #tsmc #taiwanese

Heartland Advisors, an investment management company, released its second-quarter 2026 investor letter for "Heartland Value Fund". A copy of the letter can be downloaded here. The AI trend continues to drive the market in the quarter. Small-cap stocks continue to outperform, with the Russell 2000® Index rising 21.49% in the quarter. The Heartland Value Fund gained 17.05% in the quarter, compared with the 17.19% return for the Russell 2000® Value Index. In addition, you can check the Fund's top 5 holdings to determine its best picks for 2026.
In its Q2 2026 investor letter, Heartland Value Fund highlighted Photronics, Inc. (NASDAQ:PLAB). Based in Brookfield, Connecticut, Photronics, Inc. (NASDAQ:PLAB) is a US-based technology company that engages in the business of photomask products and services. On July 14, 2026, Photronics, Inc. (NASDAQ:PLAB) closed at $29.47 per share, reflecting a market capitalization of $1.73 billion. Photronics, Inc. (NASDAQ:PLAB) posted a one-month return of -4.97%, while its shares gained 53.73% over the past 52 weeks.
Heartland Value Fund stated the following regarding Photronics, Inc. (NASDAQ:PLAB) in its Q2 2026 investor update:
At the same time, we've been finding plenty of segments of the market where the AI herd hasn't been roaming. In the second quarter, we added to 51 of our existing positions across numerous sectors, including Energy, Financials, Health Care, Communications, Real Estate, and Industrials. When we do buy, we're not simply deploying flows or chasing parts of the market that are making new highs. We are adding exposure in securities that we believe are attractively priced and still represent a good risk/reward balance.
A good example is Photronics, Inc. (NASDAQ:PLAB). Earlier this year, we reduced our stake in PLAB, a leading manufacturer of photomasks that are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication process. The shares more than doubled from December to May, and we felt the stock was getting caught up in the mania surrounding the AI buildout, so we took some money off the table as it reached our price target..." (Click here to read the full text)

GlobalFoundries Inc. (NASDAQ:GFS) is one of the best up and coming stocks to invest in right now. On June 23, GlobalFoundries announced the production readiness of its SLATE wafer-to-wafer bonding technology on its 9SW radio-frequency silicon-on-insulator platform. Manufactured at the company's 300mm facility in Singapore, this 3D integration solution is expected to ramp to volume production by the second half of 2027.
The SLATE technology allows designers to stack and integrate large-size field-effect transistors in vertical architectures, reducing die size by up to 45%. This capability helps decrease the total design area for radio-frequency components, such as antenna tuners and amplifiers, in ***** e-constrained 5G mobile devices.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.
By combining the 9SW platform with advanced 3D packaging, GlobalFoundries Inc. (NASDAQ:GFS) aims to support the development of more compact and power-efficient cellular front-ends. An integrated process design kit is currently available to help designers begin prototyping for next-generation mobile and wireless applications.
GlobalFoundries Inc. (NASDAQ:GFS) is a leading multinational semiconductor manufacturer operating as a pure-play foundry, producing chips designed by other companies.

Cadence Design Systems Inc. (NASDAQ:CDNS) is one of the best QQQ Stocks to invest in. On June 16, Cadence announced an expanded collaboration with Hewlett Packard Enterprise/HPE to accelerate data center modernization through digital twin technology. By integrating the Cadence Reality Digital Twin Platform into HPE's AI-focused modular data centers, the partnership aims to help customers optimize the planning, deployment, and operational efficiency of high-performance AI and computing infrastructure.
The collaboration provides engineering-grade simulations that allow operators to model complex environments using physics-based ***** ysis before physical deployment. This approach helps companies de-risk infrastructure investments, improve energy efficiency, and maximize performance (specifically targeting "tokens-per-watt" metrics for AI workloads) while also unlocking stranded capacity through predictive power and cooling modeling.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.
To support these objectives, Cadence Design Systems Inc. (NASDAQ:CDNS) is introducing new digital library elements that allow users to evaluate deployment scenarios for advanced NVIDIA computing systems. The joint solution is designed to support the full data center lifecycle, enabling continuous "what-if" scenario planning to ensure that infrastructure remains sustainable, resilient, and optimized as evolving AI requirements change.
Cadence Design Systems Inc. (NASDAQ:CDNS) is a leading provider of electronic design automation/EDA software, hardware, and IP used by semiconductor companies to design and verify advanced integrated circuits & systems.

Corning (GLW) demonstrates strong technical momentum with a 72% "Buy" technical opinion from Barchart.
GLW has gained more than 250% over the past year.
Analyst sentiment is broadly positive despite some concerns that shares may be overvalued.
I view the recent dip as a potential buying opportunity given GLW's solid fundamentals and robust growth projections.
Valued at $167.7 billion, Corning (GLW) produces advanced glass substrates that are used in many applications. Its markets include optical communications, mobile consumer electronics, display, automotive, and life sciences.

Is SITM a good stock to buy? We came across a bullish thesis on SiTime Corporation on R. Dennis's Substack by OppCost. In this article, we will summarize the bulls' thesis on SITM. SiTime Corporation's share was trading at $703.84 as of July 1st. SITM's forward P/E was 95.24 according to Yahoo Finance.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.
SiTime Corporation (SITM) is a high-growth semiconductor timing solutions company increasingly leveraged to AI-driven infrastructure demand across communications, enterprise, and datacenter markets, where accelerating orders have reinforced both revenue momentum and elevated option market activity. A notable signal emerged as over $1.33 million of August 21, 2026 $500 puts were sold at $19.00 each, implying a substantial 34.2% cushion below the prevailing tape and roughly 52 days of downside buffer, highlighting aggressive premium harvesting in a high-implied-volatility environment.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential

NXP Semiconductors N.V. (NASDAQ:NXPI) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years.
On June 23, 2026, Citi raised its price target on NXP Semiconductors N.V. (NASDAQ:NXPI) to $370 from $270 and kept a Buy rating. Citi cited June ******* og price increases and its view that AI data center buildouts will "extend the ******* og upturn" for the higher target.
On June 9, Wells Fargo raised its price target on NXP Semiconductors to $305 from $265 and kept an Equal Weight rating. Wells Fargo said physical AI is creating a potentially meaningful incremental long-term content opportunity for ******* og and mixed-signal companies through humanoids. The firm estimated a 2030 semiconductor opportunity at $1.6B.
Last month, Cantor Fitzgerald ******* yst Matthew Prisco raised the firm's price target on NXP Semiconductors to $380 from $340 and kept an Overweight rating. Prisco said the ******* og semiconductor cycle turned in Q1, with broad-based beats and raises driven by strength in industrial and data center end markets. Prisco also cited a fifth consecutive quarter of above-seasonal growth and improving cyclical indicators such as pricing, lead times, and order strength, while noting that the segment still faces a challenge in outperforming more AI-levered areas.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.

ASMPT Limited (OTC:ASMVY) is one of the fastest-growing high-bandwidth memory stocks to buy. The company sharpened its HBM relevance on June 8, 2026, when it announced a repeat order for eight chip-to-wafer Thermo-Compression Bonding tools from a leading global integrated device manufacturer. ASMPT said the order followed the customer's use of its Firebird TCB tools in high-volume manufacturing since 2024, giving the update more weight than a routine product showcase.
TCB is important in HBM and advanced AI packaging because memory stacks, logic dies, and substrates require precise, high-yield interconnects as chip designs move deeper into 2.5D and 3D integration. The update also fits ASMPT's recent financial momentum. In Q1 2026, revenue rose 32.0% year over year to $507.9 million, while bookings increased 71.6% to $727.0 million. ASMPT remains an equipment supplier rather than a memory producer, but its bonding tools are closely tied to the manufacturing constraints of HBM, AI accelerators, and chiplet-based packaging.
ASMPT Limited (OTC:ASMVY) is a Singapore-headquartered semiconductor and electronics manufacturing equipment company that supplies advanced packaging, bonding, ***** embly, surface-mount technology, and related solutions.
While we acknowledge the potential of ASMVY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

BE Semiconductor Industries N.V. (OTC:BESIY) is one of the fastest-growing high-bandwidth memory stocks to buy. The company strengthened its HBM-adjacent case on June 18, 2026, when it raised its long-term revenue target to €1.7 billion to €2.2 billion from €1.5 billion to €1.9 billion at its 2026 Investor Day. BE Semiconductor tied the higher target to improved order momentum since Q2 2025, rising demand for 2.5D AI-related datacenter and photonics applications, and new hybrid bonding use cases in logic, memory, and co-packaged optics. That is directly relevant to HBM because advanced AI chips increasingly depend on tighter integration between processors, memory stacks, and packaging technologies.
The update also followed a strong Q1 2026, when revenue rose 28.3% year over year to €184.9 million, and orders jumped 104.5%, helped by hybrid bonding, mobile, and photonics demand. BE Semiconductor is not a memory producer, but its bonding tools place it close to the manufacturing bottlenecks behind AI memory and advanced packaging.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.
BE Semiconductor Industries N.V. (OTC:BESIY) is a Netherlands-based semiconductor ***** embly equipment company that supplies die attach, hybrid bonding, packaging, plating, and related systems used in advanced semiconductor manufacturing.
While we acknowledge the potential of BESIY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Astera Labs Inc. (NASDAQ:ALAB) is one of the best up and coming stocks to buy for the next 3 years. On May 5, Astera Labs reported record financial results for Q1 2026, with revenue reaching $308.4 million. This represents a 14% increase sequentially and a 93% growth year-over-year, largely fueled by robust demand for the company's PCIe 6 portfolio. The company also announced the initial shipment of its Scorpio X-Series 320-lane AI scale-up fabric switch, which is designed to support frontier AI lab workloads.
The company's growth is supported by an expanding Intelligent Connectivity Platform, which integrates various semiconductor technologies like CXL, Ethernet, and NVLink Fusion. Astera Labs continues to collaborate on industry-standard advancements, recently contributing to the UALink 2.0 specification to improve efficiency, security, and resiliency for AI compute fabrics. For Q2 2026, Astera Labs provides revenue guidance in the range of $355 million to $365 million.
Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packaging Process.
Financially, the company reported a GAAP net income of $80.3 million, or $0.44 per diluted share, while non-GAAP net income stood at $110.1 million, or $0.61 per diluted share. Despite ongoing investments in R&D and infrastructure, Astera Labs Inc. (NASDAQ:ALAB) maintains a strong balance sheet with $1.04 billion in marketable securities as of the end of Q1.
Astera Labs Inc. (NASDAQ:ALAB) is a global semiconductor company that provides hardware and software solutions for AI and cloud infrastructure applications to solve memory, data, and networking bottlenecks. The company's operations are divided into the following geographical segments: Taiwan, China, the United States, and Other.

Starfish Control Hundreds of Feet Without a Brain. Here's How.

Starfish (aka sea stars) are master climbers. These many-armed invertebrates traverse vertical, horizontal, and even upside-down surfaces: it seems no substrate is too rocky, slimy, sandy, or glassy. And they do so without a centralized nervous system, let alone a brain.
A new paper written by an international team of biologists and engineers reveals that starfish locomotion is nonetheless rather clever, with built-in features that allow starfish to drastically adapt their motion depending on the challenge at hand (or, rather,