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IFNNY - Infineon Looking At Major Drivers Across The Next Decade
Infineon Technologies AG ADR
Infineon (OTCQX:IFNNY) shares have done okay since my last update, beating its peer group slightly, but underperforming more recently on worries around the company’s elevated exposure to autos (Infineon is one of the most auto-exposed semis that I follow). On balance, though, nothing much has really changed – Infineon remains a strong, well-diversified chip company with meaningful positions in power, MCUs, and sensors, and good leverage to trends like auto electrification, advanced ADAS, industrial automation, and IoT.
Valuation is, I believe, in the “okay to good” range. STMicro (STM) looks