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German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive


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2024-05-07 10:17:22
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Bloomberg:

German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive chip demand remains weak  —  - Revenue projected to fall to €14.7 billion from €15.5 billion  — Demand from carmakers is growing at slower rate than expected



Bloomberg:

German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive chip demand remains weak  —  - Revenue projected to fall to €14.7 billion from €15.5 billion  — Demand from carmakers is growing at slower rate than expected



Source: TechMeme
Source Link: http://www.techmeme.com/240507/p7#a240507p7


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