MORA RICHARD sold $74K of ENPH

Trump’s Aug. 6 Section 232 order sets a minimum import price for polysilicon and directs Commerce Secretary Howard Lutnick to create a US incentive program to expand domestic polysilicon manufacturing, according to the order and stakeholders cited. TOYO said it will invest in a Texas solar module and HJT cell supply chain. SEIA projects US solar installations to add 40 GW annually through 2030.

The Trump administration announced a 15% tariff and minimum import prices for polysilicon derivatives, including silicon wafers, photovoltaic cells, and solar modules, to support the US solar supply chain. Analysts cited by BMO, Citi, Truist, BNP Paribas, and Barclays expect First Solar (FSLR) to benefit, with module prices potentially rising to the low to mid 40 cents per watt. Premarket: FSLR +4%, TAN +3%.

Reuters reports the Trump administration is considering a minimum import price and new tariffs on polysilicon and related products, potentially announced later this month, to protect U.S. supply chains and reduce reliance on China. The plan could benefit polysilicon makers including Hemlock Semiconductor (Corning GLW and Shin-Etsu). Solar stocks rose: ENPH, SEDG, FSLR, ARRY.

After a Reuters report that the US is considering a polysilicon price floor and tariffs on Chinese polysilicon and related products, solar stocks rose. Enphase Energy gained about 7%, SolarEdge 8%, First Solar 8%, and Array Technologies 6%. The measures, expected later this month, aim to protect US producers Hemlock Semiconductor and Wacker Chemie.

Enphase Energy (NASDAQ: ENPH) said it is developing its IQ Solid-State Transformer (IQ SST) platform for AI data centers, using GaN power modules and its Kestrel ASIC. It plans US manufacturing based on prior microinverter output of about 87.8 million units. Enphase targets demos in late 2026, pilots in 2027, and volume shipments in 2028, projecting US market demand above 11 GW annually by 2031.

Enphase (NASDAQ:ENPH) reported Q2 CY2026 revenue of $291.9 million, down 19.6% year on year, but 0.6% above Wall Street estimates, and adjusted EPS of $0.46, in line with consensus. The company guided next-quarter revenue around $305 million and expects further sales declines. Analysts project full-year EPS to fall from $2.54 to $2.08.