The European stock markets were tracking higher in Thursday trading following media reports that Chi
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The European stock markets were tracking higher in Thursday trading following media reports that Chi
Infineon Technologies (IFNNY) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
European chipmakers Infineon, NXP and STMicroelectronics on Monday all announced partnerships with Nvidia to sell hardware for humanoid robots, as they vie for business in a potentially lucrative market. U.S. chipmaker Nvidia coordinated the announcements on the eve of its annual GPU Technology Conference in California where its efforts to become the "brain", or central computing platform for robots with its Jetson Thor processors, are likely to be one focus. The role for Europe’s industrial chipmakers is to provide other parts of the body, including electronics needed to make them work safely and reliably, sensors, motion control, power management, and high-speed internal communications.