A recovery in demand has propelled Infineon to an increase in both revenue and earnings. 'The AI boom is expanding, and our power supply solutions for AI data centers are in high demand,' stated Jochen Hanebeck, CEO of the chipmaker, on Wednesday. 'The expansion of energy infrastructure is gaining momentum and is becoming an increasing growth driver for our industrial business.' Consequently, the group is raising its full-year targets.

In the recently concluded quarter, revenues rose by six percent year-on-year to 3.81 billion euros. Segment result climbed nine percent to 653 million euros. For 2026, the company is now targeting significant rather than moderate revenue growth. The segment result margin is expected to reach approximately 20 percent, up from previous guidance in the high teens. In the past quarter, this figure stood at 17.1 percent.

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