Infineon Technologies AG: Buy Rating Affirmed Amid AI Growth and Strategic Cost Management
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TD Cowen analyst Joshua Buchalter has reaffirmed a Buy rating on Infineon Technologies AG, setting a price target of €44.00. The rating is supported by the company's growth in the AI power segment, with projected revenues of €1.5 billion by 2026, a 50% increase from earlier forecasts. Infineon's strategic cost management and focus on automotive power and microcontroller units provide resilience against market volatility. Despite a cautious outlook for fiscal year 2026, the company's strengths position it well for future success. The stock price has risen 6.45% over the past six months.
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