Infineon raises revenue forecast thanks to strong US dollar – stock shows significant price increase

Infineon, a leading provider of semiconductor solutions, has started the fiscal year slightly better than expected. As a result, the company has raised its currency-adjusted annual forecast. Revenue decline in Q1 lower than expected In Q1 of the fiscal year 2025, the company's revenue shrank to €3.42 billion from €3.92 billion in the previous quarter. Nevertheless, the revenue exceeded the analyst consensus from Vara Research, which was around €3.23 billion. The revenue decline is attributed to weaker demand across all four segments...