Infineon Technologies is trading 4.3% up at $72.07 after its share buyback program began on August 10, 2026.
- The company plans to repurchase up to 3 million shares for as much as β¬300 million, supporting demand.
- Semiconductor stocks also rose after TSMC reported a 45% increase in monthly sales, reinforcing optimism around AI-hardware demand.
- The move follows recent record revenue and upgraded outlook news, released August 5, 2026.