Categories: Business

Infineon Raises 2022 Outlook on Continued Strong Demand for Semiconductors

[ad_1]

Infineon Technologies stock fell on Monday, despite the German chip maker posting strong second-quarter results and lifting its full-year guidance, as demand for semiconductors remained high in a global shortage.

The Frankfurt-listed company’s profit rose to €469 million ($493 million), or €0.36 per share in the three months to Mar. 31, from €203 million, or €0.15 for the same period a year ago. Adjusted earnings per share were €0.44, compared with €0.24 euros per share.

Revenue…

[ad_2]
Source link
Admin

Recent Posts

The Role of Antiscalants in Water Purification Systems

In the pursuit of clean, safe drinking water, the role of water purification systems cannot…

2 days ago

How Much Does Physiotherapy Cost In Melbourne: Cost Analysis by The Alignment Studio

Determining the cost of physiotherapy can be an essential factor when you're seeking treatment to…

2 days ago

Why your Business Should Outsource their App Development Project to an Experienced Application Development Agency

In today's digital age, mobile applications have become indispensable tools for businesses looking to engage…

2 days ago

The Best Games to Play at the Casino

When gambling at the casino, it is essential to know which games offer the highest…

3 days ago

What on earth is Online Casino?

Online casinos are a type of gambling whereby players wager on different games utilizing digital…

3 days ago

Forex Prop Trading Firms

Forex prop trading firms have become an increasingly popular part of the financial industry. These…

5 days ago