Infineon Technologies AG
OTCQX International Premier:IFNNY

  • LAST PRICE
    32.5700
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    ---/ ---
  • Ask / Lots
    ---/ ---
  • Open / Previous Close
    32.7200 / 32.5700
  • Day Range
    32.3600
    33.0786
  • 52 Week Range
    28.8300
    44.4600
  • Volume
    140,166

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  • Apr 12, 2024

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    • 4:42AM ET on Friday Apr 12, 2024 by Dow Jones
      Companies Mentioned: IFNNY

      0840 GMT - Infineon Technologies could trim its sales forecasts for fiscal 2024 when it reports quarterly earnings on May 7 as demand for the German chip maker's products doesn't seem to have improved lately, Citi's Andrew M. Gardiner writes in a note to clients. Infineon is currently aiming for sales between EUR15.5 billion and EUR16.5 billion for the year ending in September, but Gardiner expects the company to cut its forecast toward the low end of the range. He notes that, as of mid-March, demand hadn't got worse but neither had it got better, based on feedback at a Citi conference and conversations with Infineon management. Infineon shares trade 0.6% higher at EUR33.01. (mauro.orru@wsj.com)

  • Apr 8, 2024

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