Dresden, Infineon and European Commission
Semiconductor company Infineon will receive up to 920 million euros ($959 million) from Germany to build a factory in Dresden after the European Commission approved the state aid.
The stock jumped after the group raised its sales forecasts as it expects to benefit from a stronger U.S. dollar, while sales fell less than feared amid solid demand for AI chips.
closing its first quarter slightly ahead of expectations," said Infineon CEO Jochen Hanebeck in a statement. The Munich-based manufacturer reported first-quarter revenue had fallen by 8% to 3.4 ...
• Outlook for Q2 FY 2025: Based on an assumed exchange rate of US$1.05 to the euro, revenue of around €3.6 billion expected.
Chief Executive Officer Jochen Hanebeck said on a media call after the results. Infineon shares rose 11% to €34.58 at 10:58 a.m. in Frankfurt after earlier jumping as much as 13%, the biggest ...
Good morning, everyone. Welcome to the Conference Call for Analysts and Investor for 2025 First Fiscal Quarter Results of Infineon. Today's call will be hosted by Alexander Foltin, Executive Vice ...
Infineon chief executive officer Jochen Hanebeck said that the new Kulim campus progressed ahead of its original schedule and it will become the world’s largest silicon carbide power ...
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