Infineon Soars as AI Boosts 2026 Revenue Growth Forecast

Infineon Technologies AG shares rose the most since April after it forecast revenue will return to growth in the 2026 fiscal year, fueled by the global boom in artificial intelligence data centers. The German chipmaker sees “moderate revenue growth” in the fiscal year that ends in September and increased its projected sales of power solutions for AI data centers to around €1.5 billion ($1.7 billion), it said in a statement on Wednesday. Most Read from Bloomberg Shares rose as much as 12% to €37.94 in Fr ...