Infineon published its Q2 figures which beat market consensus. The performance was supported by the good performances in ATV and GIP (previously: IPC). PSS and CSS continued to remain weak as expected by the company. Infineon has given nearly a flat revenue guidance for Q3, but with a lower margin due to the absence of tailwinds as observed in Q2. For the full year, it has upgraded its guidance even though it does not see much improvement in the PSS and CSS segments.