0.85 Infineon trims financial forecast amid order slowdown

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Infineon trims financial forecast amid order slowdown
Dátum: 2024-05-07 [theregister.co.uk]

Chipmaker outlines plans to save hundreds of millions and, hey presto, share price magically jumps

Infineon, maker of chips for the automotive and industrial sectors, told investors that it is embarking on a cost purge after lowering revenue estimates for the full financial year amid weakened demand.
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