Infineon Technologies AG : Infineon to revise down its forecasts for 2024, the question is by how much more than that already factored by the consensus
>The share’s YTD underperformance and its valuation protects it from a likely fresh series of downward revisions, Outperform rating maintained - Q1 2024 results are to be published tomorrow morning before market open. They should be close to forecasts, but there is a very high probability of a downward revision to the full-year guidance due to 1/ forex, but also, 2/ probably like peers (notably STM and Ti) due to the greater-than-anticipated weakness of the industry d...Infineon Technologies is a semiconductor manufacturing company. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control segment designs, develops, manufactures and markets semiconductors for the generation, transmission and economy in the use of electrical energy. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, mobile devices and mobile phone network infrastructures. The Chip Card & Security segment designs, develops, manufactures and markets semiconductor-based security products for card applications and networked systems.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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