Highlights
- XP Power was the leading [FTSE 250] riser on the day broker research spotlighted its semiconductor exposure.
- The semiconductor equipment market accounts for a large share of XP's revenue, led by major tool makers.
- Interim results showed a much larger order book and reduced net debt, supporting a stronger second half.
Top of the Mid-Cap Leaderboard
XP Power
(LSE:XPP)
Industrials
XP Power Ltd (LSE:XPP)
1810.00
GBX
-10.000
0.550%
Last Updated at: 2026-09-15T11:26:00Z
surged to the top of the [FTSE 250] risers this month after fresh broker research pointed to the power supply specialist as one of the most semiconductor-exposed companies in its coverage. The note argued that the group has returned to growth mode after a troubled period and that its balance sheet is no longer a concern. This update falls within our Industrial Stocks coverage.
The rally reflected renewed appetite for companies tied to chip manufacturing equipment, a segment that has been recovering as foundries and memory makers invest in capacity for artificial intelligence workloads.
Customers at the Heart of Chipmaking
A large share of XP's first-half revenue came from the semiconductor manufacturing e...