Infineon Technologies is trading at €52.76, up 4.35%, as semiconductor shares recover from last week’s sell-off.
- Reuters reported Infineon added 1% in early European trading.
- On November 2, Infineon announced a collaboration with Qualcomm to supply safety components for its Snapdragon Ride car-computer platforms.
- Broader sentiment improved as investors recovered from Friday’s technology sell-off; reporting does not establish the Qualcomm announcement as the direct cause of the full move.