Chipmaker Infineon raises 2022 revenue outlook after results beat


FILE PHOTO: A close-up of a the Infineon microcontroller kit in Munich, February 21, 2019. REUTERS/Andreas Gebert

STOCKHOLM (Reuters) -Infineon, the leading supplier of microchips to the auto industry, reported on Monday a 22% rise in second-quarter revenue and lifted its full-year outlook as it benefits from a global shortage of semiconductors.

The Munich-based company raised its 2022 revenue for the second time by 500 million euros ($525.20 million) to around 13.5 billion euros, including a range of plus or minus 500 million euros.

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