AT&S Expands AI Substrate Capacity in Kulim, Boosts 2026/27 Outlook

• AT&S expands AI substrate capacity in Kulim, Malaysia, in response to strong demand for AI infrastructure and advanced packaging technologies.
• The company has agreements with AMD and another leading tech firm to increase production capacity for high-end IC substrates.
• The investment for capacity expansion is estimated between €1.5 billion and €2.0 billion, fully supported by long-term customer commitments.
• AT&S has raised its revenue growth outlook for 2026/27 to 45–55% (currency-adjusted), up from 30–35%.
• The EBITDA margin forecast for 2026/27 has increased to 32–37%, from the previous 25–29%.
• Capital expenditure for the expansion will be €1.0–1.2 billion, with a significantly positive operating free cash flow.

The next important date, "Quartalsmitteilung" — "quarterly report" (also: "quarterly statement" or "quarterly announcement," depending on context)., at AT & S Austria Technologie & Systemtechnik is on 04.08.2026.

AT & S Austria Technologie & Systemtechnik

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ISIN:AT0000969985WKN:922230

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