Solstice Raises Annual Forecasts on AI Demand
Solstice Advanced Materials raised its full-year profit and sales forecasts after strong data center demand helped drive a third-quarter earnings beat. Net sales rose 8 percent to 1.05 billion dollars, driven by significant growth in electronic materials and cooling applications.
Xurve View
Perspectivas:
Xurve View
SOLSTICE ADV MATERIALS INC raised its full-year adjusted profit and sales forecasts on Wednesday morning after data center demand for its specialized materials drove a third-quarter beat.
The company is benefiting from surging investment in artificial intelligence infrastructure and more complex chips that require advanced cooling and power solutions.
