Qnity Stock Rises on Strong Earnings. Semiconductor Demand Isn’t Slowing Down.

Qnity Electronics reported stronger-than-expected Q1 results and raised full-year guidance, signaling robust semiconductor demand and lifting its stock sharply. Q1 EPS was $1.08 (FactSet est. $0.92) on $1.3 billion of revenue; management raised 2026 EPS guidance to $3.80–$4.14 and sales to about $5.3 billion (prior guide ~$5.0B). The shares jumped 9.9% to $168.36 on the report and have climbed about 88% year-to-date since the DuPont spinout, underscoring investor appetite for suppliers to AI and advanced-packaging trends. The move outperformed the broader market (S&P 500 down modestly; Dow slightly up), highlighting sector-specific strength rather than broad-market leadership.