IFX.F - Infineon Technologies AG

Frankfurt - Frankfurt Delayed Price. Currency in EUR
-0.27 (-1.62%)
At close: 4:23PM CEST
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Previous Close16.67
Bid0.00 x 400000
Ask16.37 x 400000
Day's Range16.33 - 16.90
52 Week Range15.78 - 25.75
Avg. Volume16,194
Market Cap18.507B
Beta (3Y Monthly)1.15
PE Ratio (TTM)20.71
Earnings DateN/A
Forward Dividend & Yield0.27 (1.29%)
Ex-Dividend Date2019-02-22
1y Target EstN/A
  • TheStreet.com5 days ago

    Huawei Ban Might Offer Opportunity to Non-U.S. Semiconductor Companies

    In the case of Huawei being blacklisted by the Trump administration, that might open a window for non-U.S. semiconductor companies to jump through. A spokesman for Infineon said Monday that the company's exports to Huawei are not subject to U.S. restrictions, seemingly at odds with reports from Nikkei that it had agreed to comply with restrictions. As Europe did with resistance to U.S. and Australian calls for a ban on Huawei's 5G equipment, the region has remained silent on the Chinese company's status for its firms.

  • European stocks fall on worries about Huawei fallout
    Reuters5 days ago

    European stocks fall on worries about Huawei fallout

    Global risk appetite was jolted after Reuters reported Alphabet Inc's Google suspended some business with Huawei, while Apple Inc supplier Lumentum Holdings Inc said it had discontinued all shipments to Huawei. "Seeing as the United States has taken a tough stance against Huawei, traders are not hopeful that the U.S.-China trade dispute will be resolved quickly," David Madden, market analyst at CMC Markets UK, wrote in a note. Germany's DAX dropped 1.6%, while French stocks shed 1.5%.

  • Chips Go From Bad to Worse as Huawei Suppliers Extend Plunge
    Bloomberg5 days ago

    Chips Go From Bad to Worse as Huawei Suppliers Extend Plunge

    While the sector has been one of the biggest casualties of the escalation of trade tensions between the U.S. and China, news on Monday that some Huawei Technologies Co. suppliers are said to have halted shipments to the Chinese company sent chipmakers plummeting. The Philadelphia Semiconductor index fell as much as 3.3% in New York, its biggest drop in a week, while in Europe, the Stoxx 600 Technology Index slid 3%. The company said in a statement that it cannot predict when shipments will resume.

  • Reuters5 days ago

    Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks

    U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. The selling came after Nikkei Asian Review reported that Infineon had halted shipments to Huawei after Washington added the world's No. 2 smartphone maker to a trade blacklist last week, imposing restrictions that will make it difficult to do business with U.S. companies. Reuters reported that Alphabet Inc's Google had suspended some business with Huawei and Lumentum Holdings Inc, seen as a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.

  • Reuters5 days ago

    Infineon denies report it has suspended Huawei shipments

    German chipmaker Infineon is continuing most shipments to Huawei, it said on Monday, denying a report in Japan's Nikkei daily that it had suspended deliveries to the Chinese telecoms firm. Infineon, which makes power-management chips used in cars, smartphones and wind turbines, said most of its products were not covered by the U.S. export control restrictions announced by the Trump administration last Thursday. "As of today, the great majority of products Infineon delivers to Huawei is not subject to U.S. export control law restrictions, therefore those shipments will continue," Infineon said in a statement.

  • Trump's Huawei Ban Will Reverberate Beyond China
    Bloomberg5 days ago

    Trump's Huawei Ban Will Reverberate Beyond China

    On Friday, the administration barred U.S. firms from supplying components to the Chinese maker of telecommunications equipment, which it accuses of helping Beijing to spy. For now, the moves by Germany’s Infineon Technologies AG and others are precautionary while the finer details of the ban are examined. Companies are unsure whether the restriction extends to the U.S. operations of European firms.

  • European Chipmakers to Keep on Supplying Huawei After Trump Ban
    Bloomberg5 days ago

    European Chipmakers to Keep on Supplying Huawei After Trump Ban

    A spokesman for Infineon Technologies AG -- one of Europe’s largest chipmakers -- said the majority of products it delivers to Huawei are not subject to U.S. restrictions, adding that the chipmaker can "make adaptions in our international supply chain." Austria-based AMS AG also said that it had not suspended shipments to Huawei. Infineon has suspended deliveries to Huawei, Nikkei Asian Review reported earlier Monday, citing two people familiar with the matter. The U.S. Commerce Department has said it will put Huawei on an “Entity List” -- meaning any U.S. company will need a special license to sell products to the world’s largest networking gear maker and second-largest smartphone brand.

  • Infineon suspends shipments to Huawei: Nikkei
    Reuters5 days ago

    Infineon suspends shipments to Huawei: Nikkei

    German chipmaker Infineon has suspended shipments to Huawei Technologies, in a sign that Washington's crackdown on the Chinese tech company is beginning to hamper its supplies beyond the United States, Nikkei Asian Review reported on Monday. Infineon had no immediate comment. Citing two people familiar with the matter, Nikkei reported that Infineon's decision to stop deliveries came after the Trump administration on Thursday officially added Huawei to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom firm to do business with U.S. companies.

  • Germany's Infineon says inventory pile-up to keep pressure on margins
    Reuters18 days ago

    Germany's Infineon says inventory pile-up to keep pressure on margins

    German chipmaker Infineon Technologies AG said on Tuesday that a slump in demand had led to an inventory pile-up that would only plateau this summer, keeping pressure on profit margins. Infineon, which makes high-performance power chips used in everything from cars to server farms and smartphones, has been forced by a China-led slowdown to lower its revenue guidance twice already this year. While declaring an industry boom over, CEO Reinhard Ploss stood by his view that sales would rise 5 percent to 8 billion euros ($8.96 billion) in the year to Sept. 30, as Infineon reported flat sequential sales in the second quarter and said margins had held up better than expected.

  • TheStreet.com2 months ago

    AMD, Micron Trade Higher After Report Says TSMC Seeing Smartphone Order Increase

    The accelerated pace could see TSMC running at full capacity by the third quarter, the Digitimes reported, suggesting industry forecasts of a second half turnaround in global chip demand could prove accurate. AMD shares were marked 5.9% higher Wednesday at $28.31 each for the key TSMC client. Micron, meanwhile, was seen 4.15% higher at $44.20 each.

  • TheStreet.com2 months ago

    Infineon Extends Declines After Chipmaker Warns on Profits Amid China Auto Slump

    shares extended declines Thursday after Europe's biggest chipmaker cautioned that 2019 profits would likely fall short of analysts' forecasts thanks in part to weakness in China's sputtering auto market. Infineon said sales for its fiscal year, which ends in September, would likely rise 5.2% from the same period last year to around €8 billion, down from a prior forecast of a 9% advance. Infineon said vehicle sales in China, which represent around a fifth of group revenues, decelerated quickly in February, "causing dealer inventories to increase sharply" and pressuring profit margins, which it things will narrow by 150 basis points to 16%.

  • Barrons.com2 months ago

    Chip Stocks Are Tumbling After German Semiconductor Firm Infineon Cuts Guidance

    Infineon Technologies “now expects a lower-than-normal seasonal revenue increase in the second half of the 2019 fiscal year.” The firm’s outlook sent a chill through the sector.

  • Infineon Drops After Slashing 2019 Outlook on China Weakness
    Bloomberg2 months ago

    Infineon Drops After Slashing 2019 Outlook on China Weakness

    “A number of end-markets continue to be sluggish,” Infineon said in a statement Wednesday. Infineon expects to grow sales 5.3 percent to 8 billion euros ($9 billion), plus or minus 2 percent. It’s the second time the company has revised its forecast in less than two months after saying in February it expected sales growth of 9 percent.

  • The Wall Street Journal2 months ago

    [$$] German Chip Maker Infineon Names Finance Chief

    German semiconductor manufacturer Infineon Technologies on Thursday appointed Sven Schneider as its new finance chief, a move that comes as the industry is suffering a downturn.

  • Reuters2 months ago

    Infineon names Linde's Schneider as next CFO

    Infineon Technologies , the German chipmaker, has named Sven Schneider as its next chief financial officer, replacing Dominik Asam who is moving to aircraft maker Airbus. Schneider, hired on a three-year ...

  • New Infineon chairman Eder to start in August
    Reuters3 months ago

    New Infineon chairman Eder to start in August

    German chipmaker Infineon Technologies aims to bring in outgoing Voestalpine Chief Executive Wolfgang Eder as its chairman in August, replacing Eckart Suenner earlier than expected. Eder, who was elected to the Infineon supervisory board last year with a view of taking over as chair in the medium term, is stepping down as Voestalpine CEO in July.

  • Reuters4 months ago

    Chipmaker Infineon cuts revenue guidance blaming difficult markets

    Chipmaker Infineon Technologies cut its forecast for full-year revenue growth on Tuesday to the bottom of its earlier range, blaming difficult markets, but expects a better second half as demand rebounds and inventories are worked off. Infineon is a leading maker of high-performance power chips used in cars, server farms, smartphones and wind turbines. Trimming his forecast for revenue growth in the current year to September to 9 percent, CEO Reinhard Ploss said Infineon faced weakness in its automotive markets, datacentre servers and in phones.