Infineon Technologies AG has been given a 'Buy' rating and a target price of 42 euros by UBS.

Infineon Technologies AG is a global leader in semiconductor manufacturing, offering a wide range of products such as power semiconductors, sensors, microcontrollers, and integrated circuits for various applications.

Its sales are primarily driven by the automotive sector, which accounts for 50.5% of its revenue, followed by power and sensor systems at 23.3%. Other significant segments include industrial power control at 13.5% and networked secure systems at 12.6%.

In terms of geographical sales distribution, Infineon has a strong presence in China, Hong Kong, and Taiwan, which together represent 32.3% of total sales. Germany contributes 12.4% and the USA 12.1%.

With its extensive product portfolio, Infineon serves a wide range of industries including automotive, industrial, telecommunications, and consumer electronics, positioning the company for further growth in the semiconductor market.