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on SÜSS MicroTec AG (isin : DE000A1K0235)

SÜSS MicroTec to Be Listed in TecDax, Marking a Major Comeback

As of March 18, 2024, SÜSS MicroTec SE, renowned for creating system and process solutions for the semiconductor sector, is set to join the TecDax. This update, shared by Deutsche Börse's index provider Qontigo, heralds the company's return among the 30 leading German technology firms in terms of free float market capitalization. An interesting turn of events considering SÜSS MicroTec's removal from the TecDax in 2016.

Burkhardt Frick, CEO of SÜSS MicroTec, shared the company's delight over this development, attributing it to their recent positive business trajectory. He highlighted the role of semiconductor capacity expansion for AI applications as a vital contributor to their order intake. However, he also pointed out the application of their solutions in sectors like e-mobility, data centers, cloud computing, and more, showcasing the company's diversified impact across critical tech-driven domains.

R. H.

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