Categories: Business

Infineon Raises 2022 Outlook on Continued Strong Demand for Semiconductors

[ad_1]

Infineon Technologies stock fell on Monday, despite the German chip maker posting strong second-quarter results and lifting its full-year guidance, as demand for semiconductors remained high in a global shortage.

The Frankfurt-listed company’s profit rose to €469 million ($493 million), or €0.36 per share in the three months to Mar. 31, from €203 million, or €0.15 for the same period a year ago. Adjusted earnings per share were €0.44, compared with €0.24 euros per share.

Revenue…

[ad_2]
Source link
Admin

Recent Posts

Kijangwin is the latest online video gaming provider

Kijangwin is your brand-new go-to destination for all things internet gaming. Whether you're an informal…

1 day ago

How to Style Trendy Clothes Effortlessly

Hey there, fashion enthusiasts! Are you ready to dive into the world of trendy clothes…

2 days ago

How to effectively recover your frozen/stolen funds from fraudulent platforms

Hey there! If you're reading this, there's a good chance you've found yourself in the…

2 days ago

Important things about Core 2 . 0 regarding Hemp Users

Hey there, hemp enthusiasts! If you've been on the hunt for the next big thing…

5 days ago

Exploring the Features and Benefits of Strio

Hey there! Have you ever found yourself tangled up in the world of communication and…

1 week ago

The Importance of Pre-Sale Pest Control: Ensuring a Smooth Home Transaction

Are you worried that hidden critters might derail your home sale? Selling a house can…

1 week ago