Soitec AI‑photonics growth and buyback

In late July 2026, French semiconductor materials company Soitec reported a 23 % year‑on‑year increase in first‑quarter revenue, driven by rapid growth in its Photonics‑SOI business that supplies high‑speed optical transceivers for AI‑intensive data‑center applications. The company highlighted a doubling of photonics revenue over the prior year, progress at its new 300 mm SOI wafer fab in Singapore, and projected further expansion in the second quarter and for the full fiscal year.

A week later, Soitec announced the renewal of its share‑buyback programme following approval at its annual general meeting. The 18‑month programme replaces the previous buy‑back authorized in July 2025 and is intended to provide liquidity, support secondary‑market activity, allocate shares to employees and fulfil stock‑option obligations under French and EU regulations.