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US tariff uncertainty weighs on Infineon's revenue outlook
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US tariff uncertainty weighs on Infineon's revenue outlook
May 26, 2025 3:52 AM

FRANKFURT, May 8 (Reuters) - German chipmaker Infineon

Technologies reported stable order intake on Thursday

but lowered its full-year revenue outlook due to uncertainty

over global tariff disputes.

U.S. President Donald Trump has said tariffs on

semiconductor chips would start at "25%, or higher," rising

substantially over the course of a year, but has not specified

when these would come into effect, putting chipmakers in limbo.

"Given that order intake still shows no signs at all of

slowing down, we can only guesstimate the effects of tariff

disputes," CEO Jochen Hanebeck said in a statement.

He added the company had applied a haircut of 10% of

expected revenue in the last quarter of its fiscal year, which

ends on September 30.

In its 2024 fiscal year, revenue came in at 15 billion euros

($17 billion). Infineon previously expected flat or slightly

higher revenue this year.

"Without the haircut the forecast would have remained

essentially unchanged," Infineon said, adding that new exchange

rate assumptions also weighed on its outlook.

Infineon now expects an operating margin in the mid-teens

percentage range, narrowing down the previous mid-to-high-teens

range.

($1 = 0.8860 euros)

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