Infineon in the Pivotal Point Check: Boom in Power Supply Solutions for AI Data Centers Leads to Revenue Forecast Correction – Jefferies Raises Price Target to €50!
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Surprisingly strong quarterly figures and a revision of the revenue forecast have recently boosted Infineon shares. The chip manufacturer aims to achieve €600 million in revenues in the fiscal year with products for servers and data centers, which is €100 million more than previously anticipated. Jefferies has raised its price target from €47 to €50, showing great optimism. Surprisingly strong quarterly numbers and a revision of the revenue forecast have recently boosted Infineon shares. The chip manufacturer performed slightly...
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