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Acadian Asset Management LLC Grows Position in STMicroelectronics (NYSE:STM)

Acadian Asset Management LLC increased its position in shares of STMicroelectronics (NYSE:STM – Free Report) by 110.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,571,099 shares of the semiconductor producer’s stock after purchasing an additional 825,857 shares during the period. […]
Digital Ics Group Sensors Group Ridgewood Investments Discrete Group Exchange Commission Jefferies Financial Group

Volkswagen strikes direct supply deals for chips to avoid global shortage, ET Auto

The German carmaker, which previously relied on its component suppliers to purchase chips, began striking direct deals with chipmakers last October to ensure its supply was secure, according to Karsten Schnake, head of a Volkswagen-wide taskforce for component supply founded in 2022.
Karsten Schnake Karsten Schnake Nxp Semiconductors Infineon Technologies Renesas Electronics

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