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[Infineon raises AI-related sales forecast to benefit from data center expansion plan] On November 10th, Infineon Technologies AG raised its data center business sales forecast for fiscal year 2027 to about 4 billion euros, expressing its optimism that the business will drive growth. The company expects that relying on power chips in the data center and electric travel fields, its revenue and profitability will increase significantly in fiscal year 2027. Infineon plans to invest 3 billion to 3.5 billion euros, mainly for the purchase of equipment for expansion of the Dresden base in Germany and the expansion of silicon carbide production capacity in Malaysia.
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