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Topic: solstice

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Saturday, 7/11, 01:37 PM

Solstice Bets 14.5 Billion Dollars on the Materials Behind the AI Boom

  • Solstice Advanced Materials, a company spun out of Honeywell less than a year ago, has agreed to buy Element Solutions in a cash-and-stock deal valued at about 14.5 billion dollars.
  • The bet is that the AI build-out will keep driving demand for the specialized materials that make chips work and keep data centers cool.

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