Jakob Bluestone's questions to Infineon Technologies AG (IFNNY) leadership • Q2 2025
Question
Jakob Bluestone asked if the €200 million reduction in the CapEx guidance was primarily due to currency effects or a strategic scaling back in response to potential tariffs.
Answer
CFO Sven Schneider clarified that the main driver for the CapEx reduction was the push-out of investments in major front-end buildings, specifically in Dresden and Kulim, into the next fiscal year, with only a minor currency effect. CEO Jochen Hanebeck added that this is a timing adjustment and the long-term need for the capacity remains unchanged.