Infineon Technologies AG raised its fiscal 2026 guidance due to surging demand for AI data center power solutions. The German chipmaker now forecasts significant annual revenue growth, up from its previous moderate growth outlook. The company targets a segment result margin of approximately 20%. Second-quarter revenue reached €3.81 billion, representing a 6% year-over-year increase.
AI data center revenue is projected to hit €1.5 billion in fiscal 2026. This figure is expected to rise to €2.5 billion by fiscal 2027. CEO Jochen Hanebeck reported that power supply solutions are seeing very high demand.
The upgrade signals a broader trend for European semiconductor firms like STMicroelectronics and NXP Semiconductors. These peers also face rising demand from AI infrastructure requirements.