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Political and community pushback against data centers is rising due to concerns over how much electricity and land they use. This friction could slow down the construction of the massive computing hubs needed to run artificial intelligence.
This matters for Soitec because it is counting on AI data centers to be its next big source of sales. The company makes specialized wafers that help these centers move data faster and more efficiently. If the buildout of these facilities hits a wall, it could delay the recovery Soitec needs to justify its current stock price.
Source: CNBC
Management has struggled to set a reliable bar, missing their own targets in five of the last seven reports as the business swung from profit to losses.
| Expectation | |
|---|---|
| EPS | $-0.93 |
| Revenue | $307M |