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<JP>Renesas Electronics (6723.JP) Closes Up 8.2% on Participation in Nvidia AI Project
Renesas Electronics (6723.JP) closed at JPY1,940.5 today (16th), rallying 8.23%. The Company announced its participation in Nvidia (NVDA.US)'s AI data center power system devel...
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<JP>Renesas Electronics (6723.JP) Closes Up 8.2% on Participation in Nvidia AI Project
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Renesas Electronics (6723.JP) closed at JPY1,940.5 today (16th), rallying 8.23%. The Company announced its participation in Nvidia (NVDA.US)      's AI data center power system development, planning to provide semiconductors and related components with high power conversion efficiency.

By using high-performance material semiconductors, the power conversion efficiency can reach up to 98%. The market expected this project to drive future results growth. Furthermore, there was news the previous day that the company is considering selling its timing department.
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