Infineon Shares Rise 4% on NXP Results

Infineon Technologies AG shares rose over 4% on Thursday after NXP Semiconductor posted stronger‑than‑expected Q2 results.
NXP reported automotive segment meeting guidance, projected high‑single‑digit sequential growth for Q2, driven by software‑defined vehicles (SDVs).
NXP guided Q2 gross margin to a midpoint of 58%, citing better product mix and higher utilisation across analog peers.
Morgan Stanley analysts see SDV strength undervalued for Infineon, expecting possible FY guidance upgrade and GM% surprise from MCU market‑share gains.