Infineon Technologies AG

IFX: XETR (DEU)
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Infineon Earnings: Powerful Demand Drivers Remain Intact; Shares Undervalued

Infineon reported fiscal third-quarter revenue of EUR 3.70 billion, flat year over year, up 3% sequentially, and in line with guidance. Revenue for the September quarter is expected to be EUR 3.9 billion, flattish year over year, up 5% sequentially, and in line with FactSet consensus estimates.

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