Information Technology Infineon grows slightly thanks to AI demand
Semiconductor manufacturer Infineon is benefiting from the AI boom. In the first quarter of the financial year, the DAX-listed company was able to increase sales and profits compared to the same period last year despite an otherwise rather subdued market environment, as the German company announced.
04.02.2026, 08:52
SDA
The "very dynamic demand for AI" gave Infineon a tailwind, said CEO Jochen Hanebeck. He now wants to invest in this area faster than originally planned.
On the bottom line, Infineon earned 256 million euros in the first quarter of its financial year, which began in October. This was 4 percent more than a year ago.
Sales rose by 7 percent year-on-year to 3.66 billion euros. However, the positive development was not only driven by the Power & Sensor Systems division, but also by a recovery in the automotive sector, the company's largest division.
In response to the dynamic demand in the AI sector, investments in the current financial year are expected to be around half a billion higher than originally planned and amount to 2.7 billion euros. "A large part of this will be used to accelerate the ramp-up of our new Smart Power Fab in Dresden, which we are opening in the summer - just at the right time!" said Hanebeck.
Moderate growth expected
Infineon expects moderately rising sales in the current year. However, growth in the important automotive sector will be weaker. Subdued demand in the field of electromobility is holding back growth here. In contrast, the Power & Sensor Systems division, which also includes the power supply for data centers, will grow significantly faster than the Group average.
However, the forecast is based on an exchange rate of 1.15 US dollars to the euro. This is slightly less than recently. A weaker dollar typically has a negative impact on Infineon's business. This was also the case in the past quarter.
Infineon's latest acquisition is not yet included in the forecast: on Tuesday evening, the Group announced that it was taking over part of the sensor business of the Swiss technology group AMS Osram for 570 million euros.
