Semiconductor Manufacturing

AT&S

High78% confidenceProfile verified Jul 24, 2026
OverviewIndicatorsMore SignalsSourcesDependency mapStoryMilestones

An Austrian circuit-board and IC-substrate maker committing up to €2 billion to expand AI-focused substrate capacity at its existing Kulim, Malaysia plant, backed by long-term customer commitments including AMD; the announcement drove a roughly 29% single-day share surge and a sharply raised FY2026/27 outlook (currency-adjusted revenue growth guidance raised to 45-55%, EBITDA margin to 32-37%).

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Leading Indicators

Hiring and patent filing trends — the underlying numbers Momentum is computed from. Insider filing activity is tracked separately under Sources below.

Steadyinsider filing activity unchanged since last check
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Additional Intelligence Signals

Patent citation lineage, earnings-call mentions, and federal contract disclosures — automatically collected, not yet visible anywhere else on the site.

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Sources

Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.

Evidence

1 source · 74% avg. source confidence

Insider Filing Activity

0Form 4 filings, trailing 90 days0 since last week's snapshot

Counts filing frequency only — transaction direction/size wasn't parseable from the sampled filings · sourced from SEC EDGAR · as of Jul 28, 2026

Correlated Activity

Both AT&S and Advanced Micro Devices — which it depends on — are showing accelerating Activity at the same time (1 recorded change for Advanced Micro Devices in the last 90 days).

Timing correlation only — not evidence of a causal link

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Dependency Map

What AT&S depends on below, and who depends on AT&S above — click any node to make it the new center, 2 levels deep.

2 levels3 levels5 levels

Connection type

Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

Click any node to make it the new center. Scroll to zoom, drag to pan.

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The Story So Far (last 6 months)

Jun 2026: Announces up to €2B Malaysia expansion, shares surge 29%→Jun 2026: AT&S plans up to €2 billion Malaysia investment to capitalize on AI boom→Jun 2026: AT&S's undisclosed second Malaysia customer reported to be Intel (unconfirmed)

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

Market Intelligence

Unverified

Credibly-reported claims — analyst notes, sourcing citing “people familiar with the matter,” deals where the companies involved declined to comment — that haven't been officially confirmed. Kept structurally separate from the sourced evidence above; treat as a lead worth researching further, not an established fact.

AT&S's undisclosed second Malaysia customer reported to be Intel

40% confidence

Industry sources cited in coverage of AT&S's €2B Malaysia expansion identify the undisclosed second major customer backing the investment as Intel, but neither company has confirmed this publicly.

Multiple outlets reporting on the same investment attribute this to unnamed industry sources rather than a company statement, so it's kept as unverified rather than a confirmed relationship.

Reuters (via Site Selection Magazine) · Jun 16, 2026

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AT&S's Timeline

A sourced, dated history of AT&S's key moments — founding to present.

  1. Jun 2026 · Announces up to €2B Malaysia expansion, shares surge 29%

    AT&S announced it would invest up to €2 billion expanding AI-focused IC-substrate capacity at its Kulim, Malaysia plant, adding new production lines and activating a previously unused building at the site's second facility, backed by long-term commitments from AMD and an undisclosed second major customer; shares rose nearly 30% and FY2026/27 guidance was raised substantially.