Infineon Technologies AG (IFNNY) said, for the second quarter, it now expects revenue to come in above 4 billion euros, compared to its original anticipation of around 3.
By Mauro Orru Shares of Infineon Technologies AG jumped in Wednesday morning trading after the German chip maker raised forecasts for its fiscal second quarter and the entire fiscal year,. | March 29, 2023
Investment bank Oddo BHF raised its price target for Infineon to 50 euros from 46 euros and left its rating at outperform. The increase in annual targets was likely and came quickly, analyst Stephane. | March 29, 2023