DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Jefferies - 1 MicroTec - 1 it's - 1 SUSS - 1 — CNBC's Michael Bloom - 1 Süss Microtec - 1 Alexander Hübner - 1 Thomas Escritt - 1
Top related locs:
TSMC MUNICH China
Top related orgs:
Nvidia - 1 U.S - 1 Jefferies - 1 NVIDIA - 1 Thomson - 1

Search resuls for: "Süss Microtec"


2 mentions found


☆ This under-the-radar stock in Nvidia's supply chain is a 'hidden gem,' Jefferies says
  + stars: | 2024-09-20 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
One global stock stands out as a "unique play" in the Nvidia and artificial intelligence supply chain, according to Jefferies. It's German semiconductor firm SUSS MicroTec , Jefferies said in a Sept. 17 report, calling it a "hidden gem" among European semiconductor firms. The investment bank initiated coverage of the stock at a buy rating and a target price of 76 euros ($84). The firm has "multi-layered exposure" to an advanced packaging technology called Chip-on-Wafer-on-Substrate, said Jefferies, explaining that it's used to make AI chips. SUSS sells its products to two major high bandwidth memory suppliers and TSMC, to be used in the production of that advanced packaging.
Persons: Jefferies, MicroTec, it's, SUSS, — CNBC's Michael Bloom Organizations: Nvidia, U.S, Jefferies, NVIDIA Locations: TSMC
☆ German chip kit supplier hit by tightened China export scrutiny
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
MUNICH, Oct 25 (Reuters) - German chip-making kit supplier Süss MicroTec (SMHNn.DE) cut its sales forecasts for the second time in three months, blaming tightened government controls for exports to China, sending shares tumbling 11%. The south German company said on Wednesday that deliveries worth 23.5 million euros ($24.86 million) were stuck at customs, adding that, though rules had not changed, customs appeared to have significantly stepped up their inspections for deliveries to China since August. German customs did not immediately respond to a request for comment. Süss Microtec expects sales of between 300 and 340 million euros this year, compared to 299.1 million euros last year, a smaller increase than they expected earlier. ($1 = 0.9454 euros)Reporting by Alexander Hübner, writing by Thomas Escritt; Editing by Rod NickelOur Standards: The Thomson Reuters Trust Principles.
Persons: Süss Microtec, Alexander Hübner, Thomas Escritt, Rod Nickel Organizations: Thomson Locations: MUNICH, China
0 next >>
Total: 2