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Magnachip Semiconductor Corporation - $MX STOCK NEWS

Welcome to our dedicated page for Magnachip Semiconductor Corporation news (Ticker: $MX), a resource for investors and traders seeking the latest updates and insights on Magnachip Semiconductor Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Magnachip Semiconductor Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Magnachip Semiconductor Corporation's position in the market.

Rhea-AI Summary
Magnachip Semiconductor has released four new MXT LV MOSFETs using Super-Short Channel technology for battery protection circuits of mobile devices. The Ron of these new MOSFETs has been reduced by 24-40%, resulting in improved battery performance. Magnachip also offers customized design services for these products, allowing for reduced MOSFET sizes. The extended MXT LV MOSFET line-up satisfies the technical requirements of various mobile devices.
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-0.98%
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Rhea-AI Summary
Magnachip Semiconductor Corporation announced its participation in the 15th Annual CEO Investor Summit 2023, with presentation material to be made accessible on the company's website.
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-0.8%
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-1.34%
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Rhea-AI Summary
Magnachip Semiconductor Corporation is separating its display and power businesses into separate entities. The internal separation aims to enhance transparency, accountability, and flexibility in business. The company believes that establishing distinct entities will allow investors to better evaluate the financial performance of each business. The separation will also enable each entity to allocate its resources more effectively. The internal split-off is expected to be completed in the fourth quarter of 2023.
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-6.29%
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Rhea-AI Summary
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-0.35%
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0.46%
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News
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-2.25%
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1.08%
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4.21%
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management
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Rhea-AI Sentiment
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2.41%
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Magnachip Semiconductor Corporation

NYSE:MX

MX Rankings

MX Stock Data

190.57M
36.92M
3.28%
77.26%
1.36%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
LUXEMBOURG

About MX

headquartered in south korea, magnachip semiconductor is a designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications and has one of the broadest and deepest ranges of analog and mixed-signal semiconductor platforms in the industry.