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The stock topped German blue-chip index "Infineon's report likely eased concerns about continued deterioration in automotive demand as it guided for flat-to-slightly up Automotive revenue in FY25 ...
In July 2016, Infineon agreed to buy the North Carolina–based company Wolfspeed from Cree Inc. for US$850 million in cash, [28] although the deal was ultimately stopped due to US security concerns. [ 28 ] [ 29 ] In October 2016, Infineon acquired the company Innoluce, which has expertise in MEMS and LiDAR systems for use in autonomous cars .
In the turn of the 2010s, Intel went on another acquisition binge, spending $10 billion acquiring Infineon's Wireless Solutions business, security software developer McAfee, among others. [ 6 ] Acquisitions
While industry competitors such as STMicroelectronics and Infineon Technologies also offer SiC-based technologies, Wolfspeed as a U.S.-based manufacturer is leading an industry transition toward ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. Learn more » *Stock Advisor returns as of January 27, 2025. Leo Sun has no position in any of the stocks ...
Stocks to buy after a Trump win Banks are at the crux of the Trump trade. Jay Hatfield, the CEO of Infrastructure Capital Advisors, isn’t a fan of stock picking based on the presidential race.
Don't sell Costco stock The biggest temptation to sell Costco heading into 2025 is the chain's elevated valuation following two consecutive years of over 30% gains in the S&P 500.
Rivian's (NASDAQ: RIVN) stock price has been volatile over the last 12 months, gyrating in price between $8 and $20. If you've been looking for growth stocks with high upside potential, Rivian ...