SOX hits 12 month high

Yesterday the SOX was at its highest since last April 6th after rising 27% this year. This week the index was boosted by an upbeat revised forecast from Infineon saying that 2023 revenues will be “meaningfully above” its earlier forecast of €15.5 billion, and a statement from Sanjay Mehrotra CEO of Micron that: “We believe …

The post SOX hits 12 month high appeared first on Electronics Weekly.

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