Mersen delays targets by two years on weak materials demand for EVs

Mersen has delayed its financial targets to 2029 due to slowdowns in the electric vehicle and silicon carbide markets, citing challenges ahead for the semiconductor industry.

STOXX 600 snaps four-day losing streak on energy, tech boost

Infineon cuts FY25 sales forecast, cites auto weakness

Infineon Technologies lowers FY2025 sales forecast due to automotive sector weakness, predicting a 2% decline in sales and reduced EBIT estimates.

CEOs of European chip makers concerned about nationalist industrial policies

CEOs of Europe's major chip makers warn that rising nationalism and regional production demands threaten the semiconductor industry, leading to higher costs and potential market fragmentation.

Stellantis, Infineon announce cooperation on architecture for next-generation cars

Stellantis and Infineon are collaborating to enhance power architecture for future vehicles, focusing on smart power systems and silicon carbide semiconductors to improve EV performance and efficiency.