Analyst: Infineon's second quarter performance is in line with expectations.

Jefferies analysts wrote in a research report that Infineon Technologies' second-quarter performance forecast is in line with expectations. The German chip manufacturer said that revenue for the quarter ending in March is expected to be around 3.8 billion euros, consistent with Jefferies' estimate. Infineon's divisional operating profit margin is expected to be in the mid to high teens percentage range, also aligning with Jefferies' forecast of 17.5%. Infineon's stock price fell by 3%, to 39.84 euros.