- Benzinga
Malaysia Targets Ambitious $107B Investment to Boost Semiconductor Sector
Malaysia aims to attract at least 500 billion ringgit ($107 billion) in investments for its semiconductor sector, Prime Minister Anwar Ibrahim has reportedly said. The planned investments are targeted at integrated circuit design, advanced packaging, and semiconductor chip manufacturing equipment, reported Reuters. Malaysia plays an important role in the semiconductor market, contributing to 13% of global testing and packaging. Major firms, including Intel Corp (NASDAQ:INTC) and Infineon Technol
- Motley Fool
Forget Nvidia: 3 Semiconductor Stocks to Buy Instead
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- Reuters
Infineon launches savings programme as weak demand persists
BERLIN (Reuters) -German chip manufacturer Infineon announced a cost savings programme on Tuesday as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand. The company lowered its revenue guidance to 15.1 billion euros ($16.3 billion), plus or minus 400 million euros, for the year, down from its previous guidance of 16 billion euros, plus or minus 500 million euros. The segment result margin, management's preferred measure of operating profitability, is also likely to be lower than predicted three months ago, at around 20%, Infineon said.
