DuPont raises full-year forecasts on strong electronics, AI-tech demand

Quick Summary:

Industrial materials maker DuPont de Nemours raised full-year forecasts on Wednesday, benefiting from strong demand for electronics and artificial intelligence-based technology that helped it beat second-quarter results.

FILE PHOTO: A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021.

Production at factories in the United States rose 1.1 per cent in June from a year earlier, and climbed 3.4 per cent in the second quarter.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSwitzerlandUnited States

Topics: Materials Industrial Quarter Dupont Billion Company Sales Demand Raised Electronics Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 18:10:06 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 12 lines

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Copyright Owner: © Channel News Asia

News ID: 21871092

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