The European semiconductor sector could be in focus on Wednesday after US firm Wolfspeed plummeted in extended trading following a Wall Street Journal report that the chipmaker is preparing to file for bankruptcy.
- German-listed Aixtron is a supplier to Wolfspeed, according to data compiled by Bloomberg, and its shares have been
affected by news on the US company in the past - Also watch STMicro, which is one of Wolfspeed’s largest customers
- STM accounts for 23% of Wolfspeed’s revenue, the
data shows
- STM accounts for 23% of Wolfspeed’s revenue, the
- Infineon is also a customer of Wolfspeed (2.7% of revenue)
- NOTE: In separate news,
Infineon Collaborates With NVIDIA
- NOTE: In separate news,
- Wolfspeed ...