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Siemens Aktiengesellschaft (SIEGY)

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96.38+1.40 (+1.47%)
At close: 03:59PM EDT
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  • Reuters

    Exclusive-Siemens likely to transfer Siemens Energy stake to pension fund, CFO says

    MUNICH (Reuters) -Siemens AG will likely transfer its remaining 17.1% stake in Siemens Energy to the group's pension fund to avoid diluting the value of the company's shares via a placement, the group's finance chief told Reuters. The comments are the clearest indication yet of Siemens' plans for the stake which is currently valued at 3.36 billion euros ($3.63 billion) having more than doubled year-to-date. Siemens Energy was spun off in 2020 and its shares have massively fluctuated as it grapples with issues at its wind turbine business.

  • Zacks

    SIEGY vs. ASHTY: Which Stock Should Value Investors Buy Now?

    SIEGY vs. ASHTY: Which Stock Is the Better Value Option?

  • PR Newswire

    Siemens simplifies development of AI accelerators for advanced system-on-chip designs with Catapult AI NN

    Siemens Digital Industries Software today announced Catapult™ AI NN software for High-Level Synthesis (HLS) of neural network accelerators on Application-Specific Integrated Circuits (ASICs) and System-on-a-chip (SoCs). Catapult AI NN is a complete solution that starts with a neural network description from an AI framework, converts it into C++ and synthesizes it into an RTL accelerator in Verilog or VHDL for implementation in silicon.