|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||28.72 - 28.72|
|52-week range||27.31 - 49.91|
|Beta (5Y monthly)||1.51|
|PE ratio (TTM)||26.64|
|Forward dividend & yield||0.31 (1.04%)|
|Ex-dividend date||18 Feb 2022|
|1y target est||N/A|
Tech stocks may be falling, but chipmakers continue to roll out strong results. Germany’s Infineon on Monday was bang on trend, reporting a (modest) profit beat in the second quarter and raising full-year sales guidance from €13bn to €13bn-€14bn. Integrated device manufacturers such as Infineon and Samsung are riding a demand boost exacerbated by snagged supply chains.
The COVID pandemic caused an acute shortage of semiconductors as factories were disrupted at the same time that demand for consumer electronics took off.
MUNICH & SAN JOSE, Calif., May 05, 2022--Infineon Technologies has switched the operation of its Austin, Texas semiconductor factory, also known as "Fab25," to 100 percent renewable power.