Infineon Technologies AG
IFX: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€21.00 | Czncf | Zrxshrhy |
Infineon Remains a Chip Powerhouse Through the Chip Shortage; EUR 40 Fair Value Estimate
Business Strategy and Outlook
Infineon is a leading broad-based European chipmaker, with substantial exposure to secular growth drivers in the industrial and automotive chip sectors. Infineon should emerge as a leading supplier for electric vehicles and active safety systems used in cars, with increasing exposure to car "infotainment" systems. However, like most chipmakers, Infineon's business remains highly cyclical as demand ebbs and flows in line with the health of its various end markets.