Bloomberg:

Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from €2.13B in Q3 2023; IFX is down 24% in 2024  —  - Fourth quarter sales expected to decline to about €4 billion  — Company forecasts segment result margin below estimates

Bloomberg:

Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from €2.13B in Q3 2023; IFX is down 24% in 2024  —  - Fourth quarter sales expected to decline to about €4 billion  — Company forecasts segment result margin below estimates

Source: TechMeme
Source Link: http://www.techmeme.com/240805/p8#a240805p8