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Infineon Surges on Outlook Raise That Defies Chip Sector Slump
Infineon Technologies AG forecast quarterly revenue ahead of analyst estimates, as the German chipmaker struggles to emerge from a prolonged industry slump.
Infineon Technologies AG forecast quarterly revenue ahead of analyst estimates, as the German chipmaker struggles to emerge from a prolonged industry slump. That in part reflects currency effects and compares with the average €3.4 billion analyst estimate. On Tuesday, Infineon also raised its full-year outlook, expecting flat to slightly higher fiscal 2025 revenue versus a slight decline previously.
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