Infineon Technologies AG (IFX.DE)
| Previous close | 32.22 |
| Open | 31.50 |
| Bid | 35.35 x 427900 |
| Ask | 35.37 x 8100 |
| Day's range | 33.47 - 35.40 |
| 52-week range | 27.07 - 40.27 |
| Volume | |
| Avg. volume | 5,030,009 |
| Market cap | 46.12B |
| Beta (5Y monthly) | 1.73 |
| PE ratio (TTM) | 15.52 |
| EPS (TTM) | 2.28 |
| Earnings date | 07 May 2024 |
| Forward dividend & yield | 0.35 (1.09%) |
| Ex-dividend date | 26 Feb 2024 |
| 1y target est | 43.30 |
ReutersInfineon launches savings programme as weak demand persists
BERLIN (Reuters) -German chip manufacturer Infineon announced a cost savings programme on Tuesday as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand. The company lowered its revenue guidance to 15.1 billion euros ($16.3 billion), plus or minus 400 million euros, for the year, down from its previous guidance of 16 billion euros, plus or minus 500 million euros. The segment result margin, management's preferred measure of operating profitability, is also likely to be lower than predicted three months ago, at around 20%, Infineon said.
Simply Wall St.Here's Why We Think Infineon Technologies (ETR:IFX) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
BloombergEV Chipmakers Test Investor Faith After Missing Out on AI Rally
(Bloomberg) -- A waning electric vehicle market is dragging down shares of companies making chips for automobiles, with their limited exposure to AI excluding them from a broader rally. But analysts are urging long-term investors to keep the faith.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Duba
