German semiconductor device maker Infineon Technologies posted fiscal second quarter results showing higher earnings and revenue as growth in AI data centres' needs for power supply solutions, boosted results.
For the three-month period to March 31, Infineon posted a net income of €301 million ($352.2 million), or €0.23 per share, compared with €232 million, or €0.17 per share in the same period last year.
Operating profit stood at €458 million as against the prior year's €318 million. Revenue was €3.812 billion, up from €3.591 billion in the previous year.
Infineon will reduce the number of its business segments from four to three with effect from July 1 to enable a clearer allocation of business responsibility for focus applications. For the reporting purpose, the revised segment structure will be applied from its effective date in the fourth quarter.
The revised organization will comprise Automotive, Power Systems, and Edge Systems segments.
For the third quarter of fiscal 2026, Infineon expects revenue of €4.1 billion.
For the third quarter of fiscal 2025, the company had recorded revenue of €3.704 billion.
