Advertisement
Canada markets close in 1 hour 59 minutes

  • S&P/TSX

    24,661.67
    -61.66 (-0.25%)
     

  • S&P 500

    5,858.67
    +4.69 (+0.08%)
     

  • DOW

    43,015.06
    +83.46 (+0.19%)
     

  • CAD/USD

    0.7236
    +0.0005 (+0.07%)
     

  • CRUDE OIL

    72.22
    +1.66 (+2.35%)
     

  • Bitcoin CAD

    93,002.95
    -293.27 (-0.31%)
     

  • XRP CAD

    0.74
    -0.02 (-2.54%)
     

  • GOLD FUTURES

    2,761.10
    +22.20 (+0.81%)
     

  • RUSSELL 2000

    2,234.50
    -5.22 (-0.23%)
     

  • 10-Yr Bond

    4.2000
    +0.0180 (+0.43%)
     

  • NASDAQ

    18,599.75
    +59.74 (+0.32%)
     

  • VOLATILITY

    18.49
    +0.12 (+0.65%)
     

  • FTSE

    8,306.54
    -11.70 (-0.14%)
     

  • NIKKEI 225

    38,411.96
    -542.64 (-1.39%)
     

  • CAD/EUR

    0.6695
    +0.0014 (+0.21%)
     
MARKETS LIVE BLOG:

STOCKS SHED LOSSES EVEN AS FED RATE-CUT DOUBTS LINGER

Elections offer 'high' level of uncertainty to global economic outlook: IMF

Wolfspeed has responsibility for German chip plant project, ZF says

Reuters
U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy

FRANKFURT (Reuters) - U.S. chipmaker Wolfspeed is responsibile for the microchip manufacturing project planned in western Germany, automotive supplier ZF said on Tuesday, after an industry source said the German company intends to withdraw from the plan.

"Wolfspeed is responsible for the project. ZF has always provided intensive and active support here," a spokesperson for ZF said in an emailed statement.

(Reporting by Ilona Wissenbach, Writing by Rachel More; Editing by Madeline Chambers)