Infineon confirms twice-lowered guidance for 5% revenue growth
As it reported flat second-quarter sales that were in line with its most recent guidance
A close-up of a Infineon microcontroller kit XMC 4700 is pictured at an exhibition during the German semiconductor manufacturer Infineon's annual shareholder meeting in Munich, February 21, 2019. PHOTO: REUTERS
FRANKFURT:
German chipmaker Infineon Technologies stood by its twice-lowered revenue forecast on Tuesday, as it reported flat second-quarter sales that were in line with its most recent guidance.
Nvidia says new self-driving platform to hit streets next year
The maker of power chips used in cars, server farms and smartphones still expects revenue of 8 billion euros ($8.97 billion), plus or minus 2 per cent, in the year to September 30. That would represent a 5 per cent gain from a year earlier.
German chipmaker Infineon Technologies stood by its twice-lowered revenue forecast on Tuesday, as it reported flat second-quarter sales that were in line with its most recent guidance.
Nvidia says new self-driving platform to hit streets next year
The maker of power chips used in cars, server farms and smartphones still expects revenue of 8 billion euros ($8.97 billion), plus or minus 2 per cent, in the year to September 30. That would represent a 5 per cent gain from a year earlier.