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Updated · Bloomberg · May 6Infineon 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.
Is Infineon's patent war against Chinese rivals just business, or a key battle in the global AI supremacy race? As AI's power demand threatens global grids, can chipmakers' innovations prevent a worldwide infrastructure crisis?