Infineon Technologies AG ADR

IFNNY: OTCM (USA)
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Infineon Earnings: Positioned Well in AI Power Semis, Raising FVE to EUR 62 From EUR 55

Infineon Technologies reported fiscal third-quarter revenue of EUR 4.17 billion, up 13% year over year and ahead of guidance of $4.10 billion. Infineon expects September-quarter revenue to be EUR 4.7 billion, which would be up 19% year over year and ahead of FactSet consensus estimates.

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