SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Infineon sells NOR Flash and FRAM to Winbond for $1.12B

Infineon (IFX) will sell NOR Flash and FRAM to Winbond for $1.12B, while focusing on power infrastructure and AI data-center demand.

IFX

12B. The company said it is doubling down on power infrastructure, AI data center demand and automotive, while also expanding India training centers and developing humanoid robotics subsystems as growth drivers.