Infineon and STMicroelectronics seen poised for durable recovery
Citi analysts say Infineon Technologies and STMicroelectronics are set for a durable recovery after years of slow sales, citing semiconductor demand tied to AI data centers, cars, and industrial equipment.
Chip makers Infineon Technologies and STMicroelectronics are set for a durable recovery after years of slow sales due to semiconductor demand for artificial-intelligence data centers, cars and industrial equipment, Citi analysts write in a note to clients.
Carmakers that amassed chips at the height…