Infineon Technologies forecast strong revenue growth for the current fiscal year, driven by booming demand for artificial-intelligence infrastructure. The German chip maker projected roughly 16.3 billion euros ($18.80 billion) in revenue for the year to the end of September, compared with 14.66 billion euros reported for fiscal 2025. CEO Jochen Hanebeck said power supply solutions for AI data centers remain in very high demand and are the company's most important growth driver. Infineon secured multiyear capacity agreements for AI data centers with several customers, covering a cumulative revenue volume in a high single-digit billion-euro amount, including some prepayments. It now expects AI revenue to exceed 1.6 billion euros in fiscal 2026, up from a previous forecast of around 1.5 billion euros. Hanebeck said the company would upgrade its AI revenue projection of roughly 2.5 billion euros for the next fiscal year in November. Revenue for the three months to the end of June grew 13% from a year earlier to 4.17 billion euros, while net profit increased to 423 million euros from 305 million euros. Its segment result rose to 797 million euros from 668 million euros, generating a 19.1% margin. Infineon shares in Frankfurt fell more than 3% on Wednesday on weaker-than-expected margins, though the stock is up over 60% since January. The company is also benefiting from a recovery