Infineon Technologies AG: Buy Rating Affirmed Amid AI Growth and Strategic Cost ManagementWe see the guide as prudently conservative. AI power revs continue to climb, now expected to total €1.5B next year (prev. €1B), partially offsetting cyclical weakness. All-in, we think the +~5% Y/Y guide, which implies only slight ex-AI growth at constant currency, is a reasonable start. Please refer to the following table for a more comprehensive summary of results/guidance.