Chip maker Infineon lifts guidance as AI boom gains strength

Infineon Technologies said revenue for the year to the end of September should grow significantly as artificial intelligence fuels demand for semiconductors.

Infineon Technologies raised its sales and margin forecasts for the fiscal year as artificial intelligence continues to fuel demand for semiconductors.

The German chip maker said revenue for the year to the end of September should grow significantly from the 14.66 billion euros ($17.14 billion) it reported for fiscal 2025, compared with a prior forecast of a moderate increase. Meanwhile, its segment result margin—a closely watched profitability metric—is expected to climb to around 20% from 17.5% last year, compared with previous guidance of a margin in a high-teens percentage range.

or subscribe to read on website

Pay Now

Copyright of this story solely belongs to hindustantimes.com. To see the full text click HERE