Infineon: Backlog Normalisation And New Saving Plan – Still A Buy (OTCMKTS:IFNNY)

Infineon Technologies AG Neubiberg

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Following our recent update on the EU Semiconductor sector with a follow-up note on STMicroelectronics (STM), today, we are back to analyze Infineon Technologies AG (OTCQX:IFNNY)(OTCQX:IFNNF). Following a sector de-rating, the company rallied >10% post-Q2 Fiscal Year 2024

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