India, Aug. 5 -- Infineon Technologies AG (IFNNY,IFX.DE,1IFX.MI), a German maker of semiconductor devices, on Wednesday reported higher net profit and segment result in its third quarter, as revenues were mainly driven by high demand for power supply solutions for AI data centers.
Looking ahead for the fourth quarter, the company projects revenue to rise by 13 percent year-over-year to around 4.7 billion euros. On this basis, the Segment Result Margin is forecast to be around 23 percent.
For fiscal 2026, Infineon now expects revenue of around 16.3 billion euros, corresponding to an annual growth rate of around 11 percent. The previous outlook was significantly rising revenue compared with the prior year.
The adjusted gross margin is expe...