A Competitor of Elmos and Infineon Mentions Initial Signs of Recovery in Demand. Are the two Automotive Chip Stocks set to Take off now?
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On June 3, 2025, the competitor of Elmos and Infineon, the US-based ON Semi, presented itself at an analyst conference. There were encouraging statements regarding demand. In summary, four statements: 1.) Initial signs of recovery on the demand side are noticeable. 2.) The second quarter will mark the bottom in the automotive industry. 3.) A broader upswing may begin in the second half of the year. 4.) Nothing can be said about 2026 yet. Elmos (WKN 567710) stands to benefit if demand for vehicles and thereby chips improves. On average,...
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