20 chip manufacturers collectively raise prices, Infineon responds

```htmlGolden Ten Data reported on July 1 that recently, around 20 domestic and international chip manufacturers, including Infineon, Texas Instruments, and STMicroelectronics, have collectively initiated a new round of price hikes. Power semiconductors are the core category involved in this wave of price increases, with several manufacturers having already announced price adjustments earlier this year. Infineon is the world's largest power semiconductor manufacturer. On June 30, Pan Dawei, Infineon's Global Senior Vice President and President of Greater China, responded to the new round of price hikes at the company's media day, stating: "This price increase is mainly driven by rising costs, such as the increase in raw material prices." The strong demand for power semiconductors is largely driven by AI, especially as AI data centers' demand for electricity is surging. "Currently, Infineon's AI business production capacity is dynamically and flexibly adjusted according to market demand, and we are continuously expanding new capacity," Infineon stated.```