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Siemens Energy's CEO said he expects margins in the gas-turbine business to continue improving.
2026-08-05
Siemens Energy's CEO said he expects margins in the gas-turbine business to continue improving.
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2026-08-05
Infineon said on Wednesday it expects revenue for the fiscal fourth quarter ended September of about €4.7 bln (US$5.4 bln), versus analysts' average forecast of €4.6 bln, driven by stronger demand and higher pricing for data-center chips. CEO Jochen
Infineon said on Wednesday it expects revenue for the fiscal fourth quarter ended September of about €4.7 bln (US$5.4 bln), versus analysts' average forecast of €4.6 bln, driven by stronger demand and higher pricing for data-center chips. CEO Jochen Hanebeck said demand for power solutions serving AI data centers remains robust and will continue to be the company’s primary growth driver. The upbeat guidance could ease concerns about the sustainability of the AI spending surge and competitive pressure. Investors have recently sold off chip names despite rivals Texas Instruments, STMicroelectronics and NXP Semiconductors raising profit forecasts; Infineon shares are up 69% year-to-date.
2026-08-05
Singapore's seasonally adjusted retail sales rose 1% month-on-month in June, revised from -2.30% to -2.2% in the previous month.
Singapore's seasonally adjusted retail sales rose 1% month-on-month in June, revised from -2.30% to -2.2% in the previous month.
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