JPMorgan: Infineon can benefit from AI power demand.

Morgan Stanley analysts said in a report that Infineon is a major beneficiary of AI power demand. They have upgraded the rating of this German company from "neutral" to "buy". Morgan Stanley stated that Infineon is a chip and technology manufacturer in the green energy and automotive industries, with a solid position that is unlikely to be disrupted by new competitors. These analysts believe that the worst period of declining automotive demand may have already passed. Morgan Stanley raised the target price of Infineon from 40 euros to 48 euros; the stock closed at 37.09 euros.