Linde Wins Major AI Chip Contracts Despite Modest Valuation
CNBC analyst Harvey Stober highlighted Linde (NASDAQ:LIN) as a key player in the AI chip manufacturing boom, noting its dominance with long-term contracts and strong margins. The company reported an $11 billion project backlog, including $8.1 billion from electronics-related gas sales, driven by new U.S.-based advanced-node fabrication wins. Linde’s Q2 2026 revenue rose nearly 9% year-over-year to $9.29 billion with a 29.5% operating margin. Despite these fundamentals and Stober's bullish assessment of its
Topics: AI chip manufacturing electronics market growth industrial gas supply Linde