Infineon Technologies AG ADR

IFNNY: OTCM (USA)
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Infineon Earnings: AI Opportunities Offset Some Automotive Weakness; Raising Fair Value Estimate

Infineon Technologies reported fiscal second-quarter revenue of EUR 3.81 billion, up 6% year over year and just above the midpoint of guidance. Infineon expects June-quarter revenue of EUR 4.1 billion, which would be up 11% year over year and modestly ahead of FactSet consensus estimates.

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