Infineon Projects 20% Fiscal 2027 Revenue Growth on Strong Data Center Demand

04:35 AM EST, 11/10/2026 (MT Newswires) -- Infineon Technologies (IFX.F) shares rose on Tuesday after the German semiconductor company forecast an over 20% year-over-year increase in its fiscal 2027 revenue, while posting higher fiscal 2026 results. The chip maker expects revenue to reach 20 billion euros in fiscal 2027. It also forecasts a 5-percentage-point improvement in profitability for the year ending Sept. 30, 2027. Infineon now also expects revenue from data-center power supplies to reach 4 billion euros in fiscal 2027, up from its previous forecast of 2.5 billion euros. For the first fiscal quarter, the company expects total revenue of 4.6 billion euros. "Supported by an ongoing cyclical recovery and strong demand in our structural growth areas, we expect a significant increase in revenue and profitability in fiscal year 2027. Our semiconductor solutions for data center power supplies, the expansion and modernization of energy infrastructure, electromobility, and software-defined vehicles will be key contributors," Chief Executive Jochen Hanebeck said. The company's shares were up more than 3% during early morning trading in Frankfurt. For fiscal 2026, Infineon's attributable profit rose to 1.51 billion euros from 1.02 billion euros a year earlier, while revenue increased to 16.35 billion euros from 14.66 billion euros. The company's management board plans to increase the dividend for fiscal 2026 by 0.03 euro per share to 0.38 euro per share, subject to shareholder approval at the annual general meeting in February 2027.