DuPont raises annual profit forecast on strong AI-tech demand
By Seher Dareen -DuPont de Nemours raised its full-year profit forecast after topping third-quarter estimates on Tuesday, as the industrial materials maker rides a recovery in demand from semiconductor makers looking to tap a boom in AI technology. Shares of the company, which makes chemicals and other components that are widely used to manufacture chip circuits, were up more than 5% in early morning trade. “We are on a larger footprint in China than some … Read more…