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Infineon Q3 Profit Up, Sees Revenue Growth In Q4, Updates FY26 Revenue View On AI Demand; Stock Down

Infineon Technologies AG, a German maker of semiconductor devices, on Wednesday reported higher net profit and segment result in its third quarter, as revenues were mainly driven by high demand for power supply solutions for AI data centers. Looking ahead for the fourth quarter, the company projects revenue to rise by 13 percent year-over-year.

RTTNews | 37 days ago

Infineon Q3 Results Drop, Cuts FY24 Revenue Outlook, To Cut Jobs; Stock Up

German semiconductor maker Infineon Technologies AG on Monday trimmed its fiscal 2024 revenue outlook and maintained margin view after reporting lower profit and revenues in its third quarter amid weak environment. The company further issued sequentially higher revenue and margin outlook for its fourth quarter...

RTTNews | 767 days ago

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