Infineon Technologies AG (IFX.MU)
- Reuters
Wolfspeed plant delayed as EU's chipmaking plans flounder
Wolfspeed has delayed plans to build a $3 billion plant in Germany, highlighting the European Union's struggle to increase semiconductor production and reduce its reliance on Asian chips. The planned plant in the state of Saarland, which would make computer chips used in electric cars, has not been scrapped entirely and the company is still seeking funding, a spokesperson said. But, having cut capital spending following weakness in the European and U.S. EV markets, North Carolina-based Wolfspeed is now focused on ramping up production in New York, the spokesperson added.
- Simply Wall St.
Infineon Technologies AG's (ETR:IFX) Stock Is Going Strong: Is the Market Following Fundamentals?
Infineon Technologies (ETR:IFX) has had a great run on the share market with its stock up by a significant 16% over the...
- Simply Wall St.
Infineon Technologies AG's (ETR:IFX) Intrinsic Value Is Potentially 29% Above Its Share Price
Key Insights Infineon Technologies' estimated fair value is €48.26 based on 2 Stage Free Cash Flow to Equity Infineon...
