Infineon, the Munich-based semiconductor manufacturer, firmly believes that the boom in Artificial Intelligence (AI) is far from over. Company CEO Jochen Hanebeck told the “Süddeutsche Zeitung” (Thursday edition) that “AI is a genuine revolution that will continue for years to come.”
Hanebeck stressed that the market and, consequently, the demand for data centers are massive, suggesting there is “much more potential here than some people realize.” Since Infineon’s semiconductors are essential for building these AI data centers, the company had already raised its forecasts, leading to a recent doubling of its share price. He emphasized the company’s ambitious goals: “Our target is clear: Infineon aims to achieve a global market share of at least 30 to 40 percent in power semiconductors for AI data centers.”
In addition to its strategic ambitions, Infineon recently inaugurated a new factory in Dresden, representing an investment of five billion euros. Hanebeck called this decision “perfect timing,” noting that “decarbonization and digitalization mean our chips are needed everywhere, and we want to be prepared for this growth.”
Regarding the decision to invest specifically in Germany, the Infineon CEO told the SZ that the company, being headquartered there, wants to contribute to the resilience of the Federal Republic. He added, “The location is a matter of the heart for me.” This focus aligns with a growing customer demand for European supply sources. Infineon maintains that the European chip industry is “better than many say” and is a world leader in many areas, stating, “In many semiconductor products, we can compete very strongly.”
