FRANKFURT (dpa-AFX) - Shares of Infineon reached their highest level since mid-December on the last trading day of the year. In early Xetra trading on Tuesday, the chipmaker's stock rose by one percent to 37.10 euros. For the first time since December 12, shares were once again trading above the 37-euro mark. From a technical analysis perspective, the price is now firmly established above the 21-day moving average, which is just below 36.40 euros.
Infineon CEO Jochen Hanebeck expects "a boom in AI chips for years to come" and strong growth in semiconductors for powering AI data centers. "Right now, we simply can't deliver as much as our customers are ordering," he told "Handelsblatt". The executive does not share the concerns of many investors about a potential "AI bubble".
According to one trader, the sector was also buoyed by a Reuters report stating that, according to sources, the United States has allowed South Korean manufacturers Samsung and SK Hynix to continue supplying chip equipment to their Chinese facilities through 2026./tih/jha/
Presently, Jochen Hanebeck occupies the position of Chief Operating Officer of Infineon Technologies AG and Chief Operations Officer for Infineon Technologies Dresden GmbH & Co. KG (a subsidiary of Infineon Technologies AG). He is also on the board of Infineon Technologies (Kulim) Sdn. Bhd. and Infineon Technologies Austria AG.
He previously was Head-DRAM Technology Development at Siemens Microelectronics Center and President-Automotive Division at Infineon Technologies AG.
Jochen Hanebeck received an undergraduate degree from RWTH Aachen University.
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (56.3%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (20.7%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (12.9%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (10.1%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems.
Net sales are distributed geographically as follows: Germany (10.8%), Europe-Middle East-Africa (15%), China-Hong Kong-Taiwan (34.3%), Japan (10.1%), Asia-Pacific (16.5%), the United States (10.9%) and Americas (2.4%).
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
