Infineon Technologies is trading 4.2% down at €64.48 as investors digest updated full-year guidance and a strategic reorganization into three business segments.
- While the company raised its long-term targets for AI power chips, sentiment is being weighed down by near-term weakness in automotive and EV demand.
- The decline follows a broader sell-off in the semiconductor sector, with the SOXX index falling 3.94% as chip names face increasing market pressure.