Chip Maker Infineon Forecasts Strong Revenue Growth on Booming AI Demand

By Mauro Orru

Infineon Technologies said it expects strong revenue growth in the current fiscal year as the race to build artificial-intelligence infrastructure keeps adding fuel to red-hot semiconductor demand.

The German chip maker on Wednesday detailed its revenue guidance for the year to the end of September, projecting roughly 16.3 billion euros ($18.80 billion) from the 14.66 billion euros it reported for fiscal 2025. The company had previously guided for significant revenue growth, but without specifying a figure.

"An increasing number of our target markets are showing a positive trend. Our power supply solutions for AI data centers remain in very high demand and continue to be our most important growth driver," Chief Executive Jochen Hanebeck said.

Revenue for the three months to the end of June grew 13% from a year earlier to 4.17 billion euros. Analysts had forecast revenue of 4.13 billion euros, according to Vara Research.

Net profit increased to 423 million euros from 305 million euros a year earlier. Its segment result--a closely watched profitability metric--rose to 797 million euros from 668 million euros, generating a 19.1% segment-result margin. Analysts had forecast a net profit of 452 million euros, a segment result of 809 million euros and a 19.6% segment-result margin, according to Vara Research.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

August 05, 2026 01:51 ET (05:51 GMT)