Infineon says AI data centre boom to persist despite growing backlash

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Infineon expects soaring demand for chips powering AI infrastructure to sustain growth, despite mounting concerns over the environmental and economic costs of data centre expansion.

Germany's chip giant Infineon said on Tuesday that the rapid buildout of AI data centres would not slow down despite growing resistance in the United States, even as it predicted the backlash would likely spread to other countries.There has been increased opposition to the environmental and energy costs of the sprawling sites in the United States, with many Democratic winners in the recent midterm elections vowing to put a brake on the projects.Jochen Hanebeck, chief executive of the German giant that has benefited from making power chips used in the centres, acknowledged in an earnings call the "growing debates about expanding AI infrastructure".But he said this was a "rather…

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