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home / news releases / infineon technologies ag backlog normalisation and n

IFNNF - Infineon Technologies AG: Backlog Normalisation And New Saving Plan Still A Buy

Infineon Techs Ag

2024-05-15 06:43:58 ET

Summary

  • We were expecting lower guidance, but there are additional interesting upsides.
  • China EV and a new cost-cutting program are encouraging. This might help Infineon Technologies' operating leverage.
  • With AI upside, the company has a long re-rating story. Our buy is then confirmed.

For further details see:

Infineon Technologies AG: Backlog Normalisation And New Saving Plan, Still A Buy
Stock Information
Company Name: Infineon Techs Ag
Stock Symbol: IFNNF
Market: OTC
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