IFNNY - Infineon: Now Is A Good Moment To Pick Up A First Tranche

Introduction

Infineon Technologies AG (OTCQX:IFNNF; OTCQX:IFNNY) is a German semiconductor manufacturer founded on 1 April 1999, when the semiconductor operations of the parent company Siemens AG were spun off to form a separate legal entity.

The share performance this year was anything but good. Since January 2018, the company has lost half of its value.

(Source: Stock price performance)

The recent price losses since May are due to three events.

• In May, rumors began to spread that Infineon had suspended the supply to Huawei because of the U.S. export control