Infineon Technologies AG

IFX

DE0006231004

Semiconductors

Market Closed - Xetra Other stock markets 16:35:20 06/09/2024 BST			5-day change	1st Jan Change
28.98 ^EUR	-3.54%		-12.18%	-23.33%

09-05	INFINEON TECHNOLOGIES AG : Gets a Buy rating from Goldman Sachs	ZD
09-04	JPMorgan rates Infineon at 'Neutral'	DP

Berenberg lowers target for Infineon to 41 euros - 'Buy'

August 06, 2024 at 07:20 am

HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered its price target for Infineon from 45 to 41 euros after the chipmaker's quarterly figures, but left its rating at "Buy". Analyst Tammy Qiu reduced her estimates for 2024/25 in a study published on Tuesday. Demand in the automotive and industrial business is recovering more slowly than expected, she wrote./ajx/ck

Publication of the original study: 05.08.2024 / 16:33 / GMT

First disclosure of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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Latest news about Infineon Technologies AG

INFINEON TECHNOLOGIES AG : Gets a Buy rating from Goldman Sachs	09-05	ZD
JPMorgan rates Infineon at 'Neutral'	09-04	DP
Milan stock market weak as WS awaits, Saipem rebounds, down luxury goods	09-04	RE
INFINEON TECHNOLOGIES AG : JP Morgan sticks Neutral	09-04	ZD
Nvidia weighs on European tech sector	09-04	RE
INFINEON TECHNOLOGIES AG : UBS reaffirms its Buy rating	09-03	ZD
Aktien Frankfurt Eroffnung: Dax remains stable despite Nvida disappointment	08-29	DP
Asian Chip Stocks Retreat, Following Nvidia Lower -- Update	08-29	DJ
Infineon: stable after Qimonda settlement	08-23	CF
Infineon to pay more than expected in Qimonda settlement	08-23	RE
Infineon announces settlement in Qimonda case - payment of 753 million euros	08-23	RE
Surprisingly high Qimonda settlement payment weighs on Infineon	08-23	DP
INFINEON : Stifel remains Buy after Qimonda settlement	08-23	CF
INFINEON TECHNOLOGIES AG : Bernstein reaffirms its Buy rating	08-23	ZD
Infineon Technologies Settles Legal Dispute with Qimonda's Insolvency Administrator	08-23	MT
Infineon Technologies Reaches EUR 753.5 Million Settlement With Qimonda	08-22	DJ
Production problems plague Wolfspeed	08-22	RE
EU Approves Funds for German Semiconductor Plant	08-20	DJ
Taiwan Semiconductor Manufacturing Joint Venture Gets $5.55 Billion EU Aid for Germany Plant	08-20	MT
ESMC ? a joint venture between TSMC, Robert Bosch GmbH, Infineon Technologies AG and NXP Semiconductors N.V., Breaks Ground on Dresden Fab	08-20	CI
EU Clears Germany's EUR5 Billion State Aid for European Semiconductor Manufacturing	08-20	MT
Chip factory: EU approves five billion in German aid	08-20	DP
EU approves 5 billion euro German aid for ESMC semiconductor plant in Dresden	08-20	RE
EU gives green light for billions in aid for chip factory	08-20	RE
AlphaValue/Baader Europe Downgrades Infineon Technologies to Add, Lifts PT	08-16	MT

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Company Profile

Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows: - automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics. - power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability. - industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy; - connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems; - other (0.1%). Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).

Employees

59,666

Sector

Semiconductors

Calendar

22/09/2024 - Berenberg and Goldman Sachs German Corporate Conference

Related indices

Euro STOXX 50 Index , STOXX Europe 600 Index (EUR) , DAX

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