TipRanks

Notifications

Infineon dodging semiconductor collapse, chips for cars are key, Barron’s says

Chip stocks have had a tough few weeks due to factors including weakening PC demand and new U.S. restrictions on semiconductor exports to China, Callum Keown writes in this week’s edition of Barron’s. It’s easy to tar all semiconductor makers with the same brush. It also creates potential buying opportunities. That’s where German chip maker Infineon Technologies comes in, the author contends. What sets the company apart is its exposure to autos, accounting for close to 50% of revenue, and especially electric vehicles, the publication adds. Reference Link

Published first on TheFly

See the top stocks recommended by analysts >>

Tags: