Infineon Technologies AG ADR
IFNNY: PINX (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$96.00 | Tmgpry | Ghvcqcwf |
Infineon Is Still Prospering From Robust Chip Demand in Autos and Renewable Energy; EUR 43 FVE
Business Strategy and Outlook
Infineon is a leading broad-based European chipmaker, with substantial exposure to secular growth drivers in the industrial and automotive chip sectors. Infineon should emerge as a leading supplier for electric vehicles and active safety systems used in cars, with increasing exposure to car "infotainment" systems. However, like most chipmakers, Infineon's business remains highly cyclical as demand rises and falls with the health of its various end markets.