Chip Maker Infineon Lifts AI Sales Goal, Signaling Confidence in Demand
By Mauro Orru
Infineon Technologies raised its artificial-intelligence sales forecasts for the new fiscal year, a sign it expects semiconductor demand to remain strong and the build-out of data centers to continue at pace.
The German chip maker said revenue from data centers in the year through September 2027 should be close to 4 billion euros, equivalent to $4.49 billion, up from prior guidance of roughly 2.5 billion euros.
Revenue for the three months to the end of September grew 19% from a year earlier to 4.71 billion euros, in line with analysts' forecasts, according to Vara Research.
Net profit climbed to 532 million euros from 231 million euros a year earlier. Its segment result--a key profitability measure--increased to 1.12 billion euros from 717 million euros, generating a 23.8% margin. Analysts had forecast a net profit of 678 million euros, a segment result of 1.10 billion euros and a 23.3% margin, according to Vara Research.
Infineon said it would propose a dividend of 0.38 euros a share for fiscal 2026 at its annual general meeting in February, above the 0.35 euros a share it paid for fiscal 2025.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
November 10, 2026 01:54 ET (06:54 GMT)
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