Infineon's revenue for the fourth quarter is expected to reach 4.7 billion euros, driven by strong demand for AI chips

According to Jinshi reports, German chip manufacturer Infineon expects fourth-quarter revenue for the period ending in September to reach approximately 4.7 billion euros (5.4 billion dollars), exceeding analysts' average expectations of 4.6 billion euros. This growth is mainly attributed to the increased demand for data center chips and rising prices.

Infineon CEO Jochen Hanebeck stated that the demand for power solutions aimed at artificial intelligence data centers remains strong, becoming an important growth driver for the company.