Overview
- Infineon has reduced its annual revenue forecast by 10%, citing anticipated U.S. tariffs and a weaker dollar as key pressures.
- Second-quarter profit fell 41% year-on-year to €232 million, despite robust revenue of €3.6 billion, which saw only minimal decline.
- The automotive segment, Infineon’s largest revenue contributor, remains under pressure with softer margins and volumes compared to last year.
- Construction of the Dresden Smart Power Fab is progressing on schedule, with the shell nearly complete and production expected to begin in 2026.
- The project has secured €1 billion in EU and German federal funding, reinforcing Europe's semiconductor sovereignty under the EU Chips Act.