Business & Finance
Infineon Revenue Forecast Beats as AI Power Chip Demand Rises
Key Points
Infineon Revenue Forecast Beats as AI Power Chip Demand Rises Infineon Technologies AG forecast revenue in the current quarter that beat analysts’ estimates as the German chipmaker profits from rising demand for its data-center chips and price increases. Revenue in the fourth fiscal quarter, which ends in September, is set to come in at around €4.7 billion ($5.4 billion), Infineon said in a statement on Wednesday. That compares to an average analyst estimate of €4.6 billion, according to...
Infineon Revenue Forecast Beats as AI Power Chip Demand Rises
Infineon Technologies AG forecast revenue in the current quarter that beat analysts’ estimates as the German chipmaker profits from rising demand for its data-center chips and price increases.
Revenue in the fourth fiscal quarter, which ends in September, is set to come in at around €4.7 billion ($5.4 billion), Infineon said in a statement on Wednesday. That compares to an average analyst estimate of €4.6 billion, according to data compiled by Bloomberg.