Sunday, February 9, 2025

Bumpy ride: Auto industry stuck with excess semiconductor stock post-pandemic

Chip sales in the auto sector skid as the post-pandemic frenzy turns into an inventory glut. With tapering of sales and other expected challenges, the industry isn’t prepared to get out of second gear.

from Tech-Economic Times https://ift.tt/K7cp0Bb

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...