. >>> still to come, infineon cuts the top line forecast, but investors are bullied of the cost cuttinglan. stay with us. switch to shopify and sell smarter at every stage of your business. take full control of your brand with your own custom store. scale faster with tools that let you manage every sale from every channel. and sell more with the best converting checkout on the planet. a lot more. take your business to the next stage when you switch to shopify. when we started our business we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money. shipstation saves us so much time. it makes it really easy and seamless. pick an order, print everything you need, slap the label onto the box, and it's ready to go. our costs for shipping were cut in half. just like that. shipstation. the #1 choice of online sellers. go to shipstation.com/tv and get 2 months free. right now you can get a free footlong at subway. just buy any footlong in the app and get one free. just scan the q

infineon lowered the top line forecast for the year citing demand weakness in key markets the germanhip maker posted 3.6 billion euro that is a 12% decline on the same quarter just last year. i did manage to ask the ceo about his expectations for the upcoming year. >> you have to confess that previous to the full-year guidance, we had to lower expectations previously, we were guiding for 16 billion in revenue. now we are guiding down to 15.1 billion. >>> now to the chemical sector where bp reported earnings of $2.7 billion that is down 40% on the year the oil giant said results reflected lower energy prices. outage of the key u.s. refinery with weaker fuel margins that is down in the early morning trade across europe. >>> and unicredit raising full-year guidance after the net profit for the first quarter of 2.56 billion euro. that is well ahead of the 2.13 billion euro that was forecast which is 1.1% higher >> arabile, thank you. >>> shares of ubs are jumping on first quarter results. the company pivoting back to profit after two quarter losses. silvia amaro has more on that with the

we are seeing healthy demand for infineon products. up 12%.nother key chipmaker or builder that is showing we have seen the bottom out in terms of the ev lackluster demand we have seen of late. this is "bloomberg technology." ♪ you know what's brilliant? boring. think about it. boring is the unsung catalyst for bold. what straps bold to a rocket and hurtles it into space? boring does. boring makes vacations happen, early retirements possible, and startups start up. because it's smart, dependable, and steady. all words you want from your bank. for nearly 160 years, pnc bank has been brilliantly boring so you can be happily fulfilled... which is pretty un-boring if you think about it. ♪♪ sandals jamaica sale is now on! with rates from $199 per person per night. visit sandals.com or call 1-800-sandals caroline: time now for talking tech. first up, nintendo says a successor to its switch game console is on the way. the announcement is coming after it forecast a degree than expected profit decline for the current fiscal year. the company's presiden

asml is up 3.41% infineon trading higher to the tune of 0.9% karen and arabile are at the tech conferenceparis i assume nvidia is the talk of the town this morning. we are running out of sup superlatives here. >> as you talked about nvidia, the party cranked up here and that is, perhaps, a metaphor here the numbers keep running the $22 billion and has climbed to $26 billion this time which was ahead of expectations. the forecast is 28 billion dollars which is ahead of what the market thought was a high hurdle on revenue. the market is showing we have gone peak margin height because that's going to come down in the next quarter according to the guidance. >> the margin will slip slightly the question is when do the law of big numbers catch up with nvidia how long can they continue to triple revenue every quarter year on year that will have to catch up with the company. for now, a few things in the nvidia sweet spot. strong demand from the hyper scalers with amazon and microsoft which continue to buy the product and excited about the blackwell chips as well. the supply constraints are workin