Deutsche Bank Boosts Infineon Technologies PT, Keeps Buy Rating - Moomoo

Deutsche Bank has upgraded Infineon Technologies' investment rating to 'Buy' while maintaining its current rating, signaling confidence in the company's future prospects. As a leading global semicondu... Read original →

Deutsche Bank’s 'Buy' upgrade on Infineon reflects a strategic bet on Europe’s semiconductor sovereignty. Technologically, its aggressive SiC/GaN investments are reshaping EV powertrain and 800V architecture supply chains, forcing STMicroelectronics and onsemi to localize capacity faster. Regulatory-wise, while EU Chips Act subsidies ease capex burdens, U.S.-China decoupling compels dual fab expansions in Malaysia and Austria—raising operational complexity. With TSMC scaling auto-grade foundry services and Taiwan, China-based rivals penetrating IGBT modules, Infineon must leverage its IDM 2.0 model to maintain process-design synergy. Over the next 18 months, L3 autonomy rollouts and solar inverter demand will drive industrial/energy segments as a second growth engine—but any German export curbs on China sales could destabilize its ~40% revenue base from mainland China.