Infineon lifts AI data-centre sales goal to nearly €4 billion as it forecasts 2027 revenue growth above 20%

German chipmaker Infineon Technologies on Tuesday reported results for the fourth quarter and fiscal year 2026 and sharply raised its artificial-intelligence sales goal, in a sign it expects demand for data-centre chips to stay strong. The company said revenue from data-centre power supplies in the year to September 2027 should reach close to €4 billion (about $4.49 billion), up from prior guidance of roughly €2.5 billion. (Photo: file photo: a worker in an Infineon cleanroom holding a silicon wafer. Photo: ComputerBase.)

2027 revenue seen at about €20 billion

Infineon forecast revenue of about €20 billion for fiscal 2027, growth of more than 20 percent from the €16.35 billion reported for fiscal 2026, with profitability up by about five percentage points. Revenue in the first quarter of fiscal 2027 is expected to be about €4.6 billion, at an assumed euro-dollar rate of 1.15. Chief Executive Jochen Hanebeck said data-centre power supplies, the expansion and modernisation of energy infrastructure, electromobility and software-defined vehicles would be key contributors, with robotics and edge AI among emerging opportunities.

Fourth-quarter results in line; dividend raised

Revenue for the three months to the end of September was €4.71 billion, in line with analysts' forecasts, according to Vara Research, and quarterly profit rose 26 percent to €532 million. Full-year revenue was €16.35 billion. Infineon said it would propose a dividend of €0.38 a share for fiscal 2026 at its annual general meeting in February, above the €0.35 a share paid for fiscal 2025, and flagged investments of around €3.0–3.5 billion next year, including in Dresden, Germany, and Malaysia.

AI power demand is the growth engine

Demand for Infineon's power chips for AI data centres is behind the upgrade: in February the company had put the same business at about €2.5 billion for fiscal 2027, and nine months later it has raised that figure by 60 percent. The guidance comes despite investor worries that the Democrats' wins in both chambers of Congress in the US midterm elections could slow the data-centre buildout. Infineon said its fiscal 2027 forecast does not include the announced sale of its NOR Flash and F-RAM memory business to Winbond.

Sources: Dow Jones Newswires / Morningstar, November 10, 2026; Reuters; Infineon press release.