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Infineon Technologies raised its full-year guidance in response to increased demand for power supply solutions for AI data centers and improved automotive order intake, forecasting significant revenue growth for fiscal 2026 and projecting revenue from AI applications to reach around 1.5 billion euros. #AI #ChipIndustry #PowerSupply #DE
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Infineon lifts 2026 outlook as AI demand boosts growth prospects
BERLIN, May 6 (Reuters) - Infineon Technologies (IFXGn. DE), opens new tab raised its full-year guidance on Wednesday as demand for power supply solutions for AI data centers surged and automotive order intake improved, joining a wave of chipmakers benefiting from AI infrastructure spending.