Infineon sees data-center power sales nearing €4 billion in fiscal 2027
The chipmaker forecasts about €20 billion in fiscal 2027 revenue, with a larger investment bill alongside the growth.
Infineon forecast more than 20% revenue growth for fiscal 2027 on Tuesday, saying demand for data-center power supplies, energy infrastructure and vehicles would help lift annual sales to about €20 billion.
The company expects revenue from power supplies for AI and conventional data centers to reach close to €4 billion. Its total revenue for fiscal 2026, which ended September 30, was €16.353 billion, up 12% from a year earlier.
Growth comes with a larger investment bill
Infineon plans €3 billion to €3.5 billion of investment in the new fiscal year and forecasts free cash flow of about €1.8 billion. The investment plan means the expected sales growth will come with substantial spending on capacity.
Fourth-quarter revenue was €4.706 billion, with a segment result margin of 23.8%. For fiscal 2027, management expects that margin to reach the mid-20s percentage range. The outlook assumes an exchange rate of $1.15 to the euro.
The forecast is another view of the AI buildout, this time from the chips that manage power rather than the processors doing the computing. Revenue and margin targets remain company forecasts, not completed sales or guaranteed profits.
