Future Tech
German chipmaker Infineon's revenue rises 22%
STOCKHOLM - Infineon, the leading supplier of microchips to the auto industry, on Monday reported a 22% rise in second-quarter revenue, helped by high demand for its chips due to a global shortage of semiconductors.
The Munich-based company's revenue grew to 3.30 billion euros ($3.47 billion) ahead of expectations of 3.21 billion euros, according to IBES data from Refinitiv.
- Reuters
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
