The shortage of semiconductors during a boom in electric vehicle sales could help raise profits at a handful of chip makers, according to Bank of America. The investment bank said shares of U.S.-listed European chip maker STMicroelectronics and Japan's Renesas Electronics could rise by more than 75% over the next year on that trend.
Germany's Infineon is the largest chip manufacturer for the automotive industry and is expected to earn $7.5 billion next year from sales to the sector. Bank of America analysts think the company maintains a "leading position" in the market with its low-cost manufacturing. As a result, it expects shares of the company to rise by more than 40% to $46 for its U.S. listing.
Not in this environment
INTC
AMD
Clickbait
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: