Infineon Technologies is trading 6.06% lower at $68.00, amid weaker chip stocks and markets.
- Major U.S. indexes are down as investors are cautious ahead of Federal Reserve minutes; Treasury yields and oil rebound.
- Reuters reported chip stocks lower in premarket trading.
- C2i Semiconductors acquisition completion was reported this week, but coverage does not establish it as the cause; shares closed at $72.66 on October 6 after a sharp October 2 gain. Today’s move is intraday.