Infineon raises revenue, margin guidance on chip boom
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...