German chipmaker Infineon slightly raised its full-year profit guidance on Tuesday after reporting stronger-than-expected quarterly earnings, and said global semiconductor markets had begun to recover despite lingering tariff concerns.

Infineon reported a segment result margin - management's preferred measure of operating profitability - of 18% for its fiscal third quarter from April to June, beating the forecast for 15.8%. Infineon slightly raised its full-year guidance to high-teens percentage gain in its segment result,