- As the leading automotive semiconductor maker, Infineon is set to benefit from increased adoption of electric vehicles
- Tapping into such ‘megatrends’ should mitigate some of the group’s traditional cyclical exposure
IC TIP:
Buy
Tip style
Growth
Risk rating
Medium
Timescale
Long Term
Bull points
Megatrends enabler and beneficiary
Improving profit margins
Analyst upgrades
Fund manager pick
Bear points
Fancy PE multiple
Cyclical vulnerability
Infineon (DE:IFX) is a German chip manufacturer that specialises in the ‘power semiconductors’ that manage the flow of electric current through devices. It is one of the world’s top 10 semiconductor companies, with its chips spanning four broad applications – automotive, industrial, consumer electronics and security solutions.