Singapore-based semiconductor firm Silicon Box plans to pick the town of Novara in the industrialised northwest Piedmont region as the location for its new multibillion-euro chip factory in Italy, two people close to the matter told Reuters on Thursday. The three-year-old startup, created by the founders of U.S chipmaker Marvell, will invest 3.2 billion euros ($3.4 billion) to produce in Italy so-called "chiplets", which can be the size of a grain of sand, under a government-backed deal. Silicon Box and Italy's industry ministry announced the investment in March without saying where the plant would be located.
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We recently compiled a list of the 10 Stocks Receiving a Massive Vote of Approval From Wall Street Analysts. In this article, we are going to take a look at where STMicroelectronics N.V. (NYSE:STM) stands against the other analyst-approved stocks. European equities faced challenges in extending recent gains seen in the US, as market participants awaited […]