德国芯片制造商英飞凌科技股份公司上调了2027财年数据中心销售预期，显示出对该业务将推动增长的信心，尽管投资者对人工智能热潮的担忧日益加剧。
Technologies AG raised its 2027 data center sales forecast, signaling confidence that the business will drive growth even as investor concerns mount over the artificial intelligence boom.
该公司周二在一份声明中表示，预计截至9月的2027财年数据中心销售额将增长至约40亿欧元（约合45亿美元）。此前，英飞凌预测AI数据中心电源解决方案在该期间将实现25亿欧元销售额。公司每年还从传统数据中心获得约5亿欧元收入，新预期数字包含这两个板块。
The German chipmaker sees data center sales growing to around €4 billion ($4.5 billion) in the year that ends in September, it said in a statement on Tuesday. Previously, Infineon forecast AI data center power solutions would make €2.5 billion in the period. It also makes about €500 million annually from traditional data centers, and the new figure comprises both segments.
首席执行官Jochen Hanebeck在声明中表示：“我们预计2027财年营收和盈利能力将显著提升。”他补充称，数据中心用电源芯片和电动出行将是增长驱动力之一。
“We expect a significant increase in revenue and profitability in fiscal year 2027,” Chief Executive Officer Jochen Hanebeck said in the statement, adding power chips for data centers and electromobility would be among the growth drivers.
对可能出现的AI泡沫的担忧引发了从芯片制造商到所谓新云服务商等公司的大幅抛售。英飞凌股价已从6月的高点下跌了45%。数据中心芯片需求帮助英飞凌及意法半导体等同行弥补了汽车业务疲软导致的营收复苏缓慢。
Concerns about a possible AI bubble have driven a steep selloff in companies from chipmakers to so-called neoclouds. Infineon’s shares have declined by 45% from a peak in June. Demand for data center chips has helped Infineon and peers such as STMicroelectronics NV compensate for slow revenue recovery from the struggling automotive sector.
英飞凌是欧洲芯片制造商中唯一给出全年预期的公司。据摩根大通分析师Sandeep Deshpande等人称，该公司倾向于谨慎给出指引，随后随着能见度提高调整预期。摩根大通此前预计英飞凌将指引2027财年数据中心营收（包括CPU及其他非AI加速器相关电源营收）在35亿至40亿欧元之间。
Infineon is the only one among European chipmakers to give a full year forecast. The company tends to guide cautiously and then adjust estimates as visibility improves, according to JPMorgan analysts including Sandeep Deshpande. JPMorgan had expected Infineon to guide for 2027 data center revenue, including CPU and other non-AI accelerator-related power revenue, of between €3.5 billion and €4 billion.
随着全球数据中心建设加速，对英飞凌用于控制电源的芯片需求激增。这些芯片可支持英伟达等公司的先进处理器，而这些处理器正在推动AI热潮。
As the buildout of data centers around the world accelerated, demand for Infineon’s chips to control power soared. Those chips can support advanced processors such as those from Nvidia Corp. that are fueling the AI boom.
然而，一场惩罚性的美国大选后抛售已波及整个行业。彭博新闻社上周报道称，一些人工智能初创公司Anthropic PBC的潜在投资者讨论的估值区间约为1.1万亿美元至1.3万亿美元，远低于仅一个月前谈判聚焦的水平。Anthropic最早可于周二开始其首次公开募股（IPO）的正式推介。
However, a punishing post-US election selloff has rippled across the industry. Some potential investors in Anthropic PBC, which can begin formal marketing of its initial public offering as soon as Tuesday, discussed a valuation ranging from about $1.1 trillion to $1.3 trillion, well below where talks had been focused just a month ago, Bloomberg News reported last week.
根据彭博汇编的数据，英飞凌2026财年营收为163.5亿欧元，符合分析师预期。公司预计本财年销售额将增长至约200亿欧元。董事会将提议将2026财年股息增加3美分，至0.38欧元。
Infineon’s fiscal 2026 revenue was €16.35 billion, matching analysts’ estimates, according to data compiled by Bloomberg. The company sees sales growing to about €20 billion in the current year. The board will propose increasing the 2026 dividend by 3 cents to €0.38.
英飞凌表示，本期间经调整毛利率将处于40%中段至高段区间，并计划投资30亿至35亿欧元。2026财年经调整毛利率为43.1%。
Infineon said its adjusted gross margin will be in the mid-to-high forties percentage range in the period and it plans investments of €3 billion to €3.5 billion. Adjusted gross margin was 43.1% in fiscal 2026.
主要投资领域将包括：用于德国德累斯顿基地产能爬坡的设备、马来西亚碳化硅产能的扩张，以及在奥地利菲拉赫启动300毫米晶圆上的氮化镓制造。
The main areas of investment will be equipment for the ramp-up of production at Infineon’s Dresden site in Germany, the expansion of silicon carbide capacities in Malaysia, and the start of gallium nitride manufacturing on 300-millimeter wafers in the Austrian town of Villach.
英飞凌还在考虑在泰国设立晶圆制造厂，尽管此举在未来三年内不太可能实现。9月，英飞凌宣布将出售部分存储业务，以专注于核心业务和投资组合中更具活力的部分。
Infineon is also considering setting up wafer fabrication in Thailand, although such a move is unlikely in the next three years. In September, Infineon announced it will sell parts of its memory business to focus on its core activities and more dynamic parts of its portfolio.