Infineon engages burn-in services for its production in Malaysia, and has lifted its FY2022 revenue forecast to EUR13 billion, up 18% y-o-y.
SAC Capital has initiated coverage on Avi-Tech Holdings with a non-rating, although it is generally positive on the stock.
Analyst Lim Shu Rong says that Avi-Tech’s recovery is tied to the automotive semiconductor market, and specifically to one of its main customers, Infineon Technologies.
