FRANKFURT (dpa-AFX Broker) - A disappointing outlook from semiconductor manufacturer STMicro weighed on the shares of competitor Infineon in Germany on Thursday. Prior to this, Infineon lost 2.5 percent on Tradegate at the Xetra close. STMicro fell even more sharply. Like Infineon, STMicro's chips are strongly geared towards the industrial and automotive sectors.

Infineon had already lost ground the previous day after the chip group Texas Instruments was held back by a decline in the automotive business in the past quarter. At the end of the day, there was a small gain on the share price, but Infineon was at the back of the strong DAX. Since the beginning of the year, the shares have been among the weaker stocks in the Dax, with a loss of 7.7 percent compared to the previous day's close./ajx/mis