Infineon raises revenue, margin guidance on chip boom

Home > Business
By Shannon in Business
Updated 3 years ago

BERLIN (Reuters) -German chipmaker Infineon (OTC:IFNNY) raised its guidance on Tuesday for revenue and margins in the current fiscal year, saying that demand was greatly exceeding supply and it continued to invest in additional capacity. Munich-based Infineon, the leading semiconductor supplier to the car industry, lifted its revenue forecast for...

infineon-raises-revenue-margin-guidance-on-chip-boom