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Infineon Technologies AG ADR

IFNNY: PINX (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$21.00NldwbkGmfzjbz

Infineon Remains a Powerhouse in Automotive Power Semiconductors

Business Strategy and Outlook

Infineon is a leading broad-based European chipmaker, with significant exposure to secular growth drivers in the industrial and automotive chip sectors. Infineon should emerge as a leading supplier for electric vehicles and active safety systems used in cars, with increasing exposure to car "infotainment" systems. However, like most chipmakers, Infineon's business remains highly cyclical as demand rises and falls with the health of its various end markets.

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