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LSE:XPP 19 January 2026

XP Power share price jumps nearly 12% as RF exit plan and stronger orders lift stock

XP Power share price jumps nearly 12% as RF exit plan and stronger orders lift stock

XP Power shares rose 11.8% to 1,012 pence in London after the company said 2025 profit and EPS should meet forecasts and announced a three-year wind-down of its RF business. Order intake for 2025 jumped 24% to £225.9 million, but revenue fell 7% to £229.7 million. The company’s new Malaysia plant will open in 2026, while its Kunshan, China, facility has closed. Full-year results are due March 3.
19 January 2026
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Stock Market Today

  • Nasdaq Falls as Super Micro AI Chip Smuggling Charges Hit Market
    March 20, 2026, 12:01 PM EDT. The Nasdaq composite dropped about 1% on March 20, 2026, led by a sharp 28.37% plunge in Super Micro Computer shares following charges against its co-founder for conspiring to smuggle $2.5 billion of Nvidia AI chips to China. The indictment alleges complex export control violations, involving fake shipping documents and label swapping to mask shipments through Southeast Asia. Nvidia shares fell 1.66% given their exposure to Super Micro, and AMD dropped 2.32% amid sector-wide unease. The Invesco QQQ Trust also slipped 1%, extending its four-week losing streak amid ongoing geopolitical strains, including Iran tensions and volatile oil prices. Analysts question Super Micro's credibility and internal controls despite the charges targeting individuals rather than the firm itself.
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