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Add as a preferred source on GoogleAt ANFIA’s Nov. 12 assembly in Milan, Filosa cited rising raw-material and electronic-component costs in 2027 and probably 2028.
Speaking at ANFIA’s annual assembly in Milan on Nov. 12, Filosa said Stellantis and its suppliers faced significant raw-material inflation and rising costs for memory chips, circuit boards and semiconductors in 2027, probably also in 2028. A Stellantis spokesperson told Reuters that Filosa’s reference to billions of euros concerned the company’s total annual cost base, rather than billions in additional charges.
The company’s history traces its start to PC graphics, while its annual filing describes GPUs used for AI training and inference.
The car division's adjusted return on sales fell to 2.5% in the third quarter as management discussed changes to hours and employee benefits.
The board accepted his resignation Nov. 11, according to a filing. Nvidia named Chief Financial Officer Colette Kress interim CEO and gave no reason for the departure.
