Infineon raises 2026 sales target for AI power supply segment on booming demand

Infineon Technologies AG logo is seen during German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock's visit, in Dresden, Germany July 13, 2023. REUTERS/Annegret Hilse

BERLIN (Reuters) -German chipmaker Infineon significantly raised its 2026 sales target for the AI power supply segment on Wednesday, citing strong demand, and forecast total revenue increasing moderately from the year before despite currency headwinds.

For the 2025 fiscal year ending September 30, Infineon reported revenue of 14.7 billion euros ($17.14 billion), slightly above the 14.6 billion in a company-provided analyst consensus.