From Yahoo Finance: 2025-05-08 05:34:00

German chipmaker Infineon Technologies reported stable order intake but lowered its full-year revenue outlook due to global tariff disputes. U.S. President Trump’s proposed 25% or higher tariffs on semiconductor chips have left chipmakers uncertain. CEO Jochen Hanebeck applied a 10% revenue haircut for the last quarter, impacting the 2024 fiscal year revenue of 15 billion euros. Infineon now expects a mid-teens operating margin, down from the previous mid-to-high-teens range.

Read more: US tariff uncertainty weighs on Infineon’s revenue outlook