Previous Close | 291.37 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 63,000 |
Market Cap | 471.338B |
Beta (5Y Monthly) | 1.17 |
PE Ratio (TTM) | 21.73 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
TOKYO (Reuters) -Japanese state-backed fund INCJ said it has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics, offloading 279 billion yen ($1.84 billion) worth of shares. The shares have primarily been sold to overseas institutional investors, INCJ said. The sale price of 2,143 yen per share represented a discount of 8.01% on Renesas' closing share price of 2,329.5 yen on Thursday, the fund said in a separate statement on Friday.
Wolfspeed (WOLF) and Renesas Electronics enter into a 10-year wafer supply agreement, signaling a major step forward in the adoption of silicon carbide technology.
The company inked a 10-year agreement to supply silicon carbide wafers to Japanese chipmaking giant Renesas.