Linde wins big semiconductor gas deal, raises guidance, and attracts a major new investor
Major semiconductor gas supply win with $1.8B investment Linde won a long-term contract to supply ultra-high-purity gases to a top semiconductor maker, investing $1 billion in Phoenix and about $800 million in Taiwan. This locks in years of steady demand and shows Linde can win large, profitable projects.
This is the biggest new demand driver, directly boosting future revenue and backlog.
Full-year profit guidance raised on record sales and backlog Linde raised the low end of its full-year earnings-per-share forecast to $17.70–$17.90, with record sales and an $8.1 billion project backlog. More projects starting up later this year should add to profit, though US homecare remains a drag.
Guidance and backlog are key signals of future earnings power, directly supporting the stock.
Billionaire investor D1 Capital takes new $177 million stake Daniel Sundheim's D1 Capital bought over 340,000 Linde shares worth about $177 million. A well-known investor taking a new position can boost confidence and draw other buyers, though it is a single fund's move and not a guarantee.
A notable new institutional buyer can lift sentiment and demand for the shares.
Linde invests $400M in low-carbon ammonia plant project CF Industries and partners broke ground on a $3.7 billion low-carbon ammonia plant in Louisiana, with Linde investing over $400 million in an on-site air-separation unit. This adds a long-term supply contract and ties Linde to the growing clean-energy market.
New project investment expands Linde's long-term revenue base in low-carbon energy.