Renesas Electronics Corporation (RNECY)
| Previous close | 8.23 |
| Open | 8.10 |
| Bid | 7.99 x 40000 |
| Ask | 8.02 x 40000 |
| Day's range | 7.93 - 8.10 |
| 52-week range | 6.41 - 10.68 |
| Volume | |
| Avg. volume | 404,908 |
| Market cap | 28.759B |
| Beta (5Y monthly) | 1.15 |
| PE ratio (TTM) | 14.56 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.09 (1.11%) |
| Ex-dividend date | 28 Dec 2023 |
| 1y target est | N/A |
- Bloomberg
Renesas Falls Most in 15 Years on Sluggish Industrial Demand
(Bloomberg) -- Renesas Electronics Corp.’s stock fell the most in more than 15 years, hit by a broader tech selloff and investor disappointment over the Japanese chipmaker’s profit miss.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerThe Private Equity Staffer With a Shot at Olympic G
- Bloomberg
Ex-Banker Behind Chipmaker Renesas Chases $100 Billion Value
(Bloomberg) -- A decade ago, Renesas Electronics Corp. was under government control and bleeding cash. Now worth $35 billion, the Japanese chipmaker is targeting a market value of around $100 billion by 2030, thanks to a string of overseas acquisitions.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidSaudis Warned G-7 Against Russia Seizures With Debt Sale ThreatZyn Imitators Rush In as Online
- Reuters
India gives green light to chip plants worth $15.2 billion
NEW DELHI (Reuters) -India gave the go-ahead to construction of three semiconductor plants worth 1.26 trillion rupees ($15.2 billion) by firms including Tata Group and CG Power on Thursday, as the country pursues its goal of becoming an electronics powerhouse. India, which is seeking to rival countries such as Taiwan in chipmaking, expects its semiconductor market to be worth $63 billion by 2026, but does not yet have a chipmaking facility. Prime Minister Narendra Modi wants to make India a chipmaker for the world as his government tries to overcome setbacks faced in its bid to offer $10 billion in incentives to the industry.
