Infineon performed strongly in its final quarter. The forward guidance was significantly improved, in terms of both the growth prospects but especially profitability. Auto, Industry and renewable energies will continue to be the main growth drivers. Infineon also announced an increase in Capex mainly due to the construction of another fab in Dresden worth €5bn. The punchy guidance combined with the positive signals on slowing rate hikes should propel Infineon shares towards a more appropriate le ....
