X-FAB Stock Shock: Belgian Chip Foundry’s 76% Intraday Burst Grabs AI Traders’ Attention
X-FAB shares soared up to 76% on May 27, trading as high as 15.88 euros before settling at 13.18 euros, after a viral X post spurred heavy retail buying. No new company news was released; the latest financial update showed Q1 revenue down 4% year-on-year, with strong growth in photonics and wide-bandgap chips.