Infineon (IFX GY) exec. says they forecast a gradual and uneven recovery for the rest of 2026, but maintains a prudent outlook as autos and industrial markets are yet to show a significant demand inflection
Infineon's outlook points to a cautious recovery trajectory through 2026, highlighting continued weaknesses in automotive and industrial demand.
Italian HCOB Composite PMI (Jan) 51.4 (Prev. 50.3)
Italian HCOB Services PMI (Jan) 52.9 vs. Exp. 51.4 (Prev. 51.5)
Infineon (IFX GY) exec. says they forecast a gradual and uneven recovery for the rest of 2026, but maintains a prudent outlook as autos and industrial markets are yet to show a significant demand inflection
China’s President Xi is to hold a video call with Russian President Putin, CCTV reports
Indian lenders have asked the RBI to relax a number of liquidity rules to allow them to unlock more funds for growth, Bloomberg reports citing sources
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This signals potential challenges for the semiconductor sector, indicating that even if recovery occurs, it may be slower than anticipated, which could affect investor sentiment and related equities in the tech space.
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