Infineon Raises Revenue Outlook After Strong Q1 Performance

Generated by AI AgentMarcus Lee
Tuesday, Feb 4, 2025 2:39 am ET1min read
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Infineon Technologies AG, a leading semiconductor solutions provider, has raised its revenue outlook for the 2025 fiscal year following a stronger-than-expected first quarter. The company reported revenue of €3.424 billion, a 13% decline from the previous quarter, but ahead of expectations. The positive performance was driven by several factors, including favorable currency effects, increased demand for AI data centers, and strong performance in specific segments.

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