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Infineon lifts full-year margin forecast

By Supantha Mukherjee and Miranda Murray

Feb 3 2023 6:45AM

Car makers drive recovery.

Infineon lifts full-year margin forecast

Infineon, a maker of chips used in cars and data centres, lifted its full-year profit margin forecast after reporting better-than-expected margins in the first quarter, as strong demand from carmakers led to higher prices. Shares of the German company, which gets 45 percent of its business from ...

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