Updated
Updated · Bloomberg · May 6
Infineon forecasts Q3 revenue above expectations on AI power chip demand
Updated
Updated · Bloomberg · May 6

Infineon forecasts Q3 revenue above expectations on AI power chip demand

12 articles · Updated · Bloomberg · May 6
  • The German chipmaker said fiscal third-quarter revenue ending in June should reach about €4.1bn, above the €4.04bn analyst consensus.
  • Infineon also raised its outlook, saying revenue is now expected to rise significantly year on year rather than post only a moderate increase.
  • The upgrade reflects strong demand for power semiconductors as companies increase spending on artificial intelligence infrastructure.
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