German chipmaker Aixtron forecasts 2024 revenue of 630-720 million euros, driven by increased demand for GaN and SiC technologies.

German chipmaker Aixtron forecasts 2024 revenue of 630-720 million euros, driven by increased demand for its new products used in compound semiconductor production. Revenue grew 36% to 629.9 million euros in 2021. Its Q4 revenue of 214.2 million euros exceeded market expectations, due to high demand for efficient power electronics based on gallium nitride (GaN) and silicon carbide (SiC) technologies.

February 29, 2024
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