Infineon Sees 2026 Revenue Growth as AI Outlook Boosts Sales [Yahoo! Finance Canada]
INFINEON TECHS AG S/ADR (IFNNY)
NASDAQ:AMEX Investor Relations:
infineon.com/cms/en/about-infineon/investor
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Demand for AI data centers is helping Infineon weather weak growth prospects in its automotive market, which represents about half of sales. The forecast for the AI business marks an increase of about 50% from its guidance last quarter, when Chief Executive Officer Jochen Hanebeck said revenues from this segment will rise to €1 billion in 2026 from €600 million in the 2025 fiscal year. “Global investment in AI infrastructure is continuing to rise rapidly and we expect considerable growth,” Hanebeck said in the statement. “Growth momentum in the automotive, industrial and consumer markets remains modest. Many customers are proceeding cautiously and placing short-term orders.” Infineon's 2026 outlook offers a snapshot into the car industry's health. Auto chipmakers have been mired in a prolonged demand slump as their customers worked through stockpiles amassed after shortages during the Covid-19 pandemic. Heightened geopolitical tensions, fueled by US Pre
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News
- InnoScience has Announced the Company's Victory in Its Lawsuit with Infineon [Yahoo! Finance]Yahoo! Finance
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against Innoscience [Yahoo! Finance]Yahoo! Finance
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against Innoscience [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against InnosciencePR Newswire
- U.S. International Trade Commission rules in favor of Infineon in one patent infringement case against InnosciencePR Newswire