LIN · Earnings call · 2026Q3T · Full report

Competition and Market Position

LINDE PLC · 2026-10-29 · Importance 29 · Surprise 30

Linde said it expects to win more than its fair share of electronics opportunities, including large atmospheric projects, drawing on existing relationships with the top 10 electronics players worldwide. The pipeline includes TSMC and other U.S. customers, as well as opportunities in Taiwan, South Korea and China. The company remains selective in memory projects because their historically shorter cycle can be less aligned with Linde’s preference for long-term contracts. Management highlighted the company’s disciplined capital allocation as part of its approach to pursuing these opportunities.