Infineon lifts 2026 outlook as AI demand boosts growth prospects
BERLIN: Infineon Technologies raised its full-year guidance on Wednesday as demand for power supply solutions for AI data centers surged and automotive order intake improved, joining a wave of chipmakers benefiting from AI infrastructure spending.
The German chipmaker, which provides parts for automotive, power and security systems, posted second-quarter revenue of 3.81 billion euros ($4.47 billion), up 6% from the same quarter a year earlier.
