$\frac{d^{\infty}}{dx^{\infty}}$ does not have a generally accepted meaning, as far as I know. But a reasonable definition would be
$$\frac{d^{\infty}}{dx^{\infty}}f(x) = \lim_{n\to \infty}\frac{d^n}{dx^n}f(x)$$
which only makes sense if this limit exists. Certainly it exists for some functions: all polynomials $p(x)$, for instance, with
$$\frac{d^{\infty}}{dx^{\infty}}p(x) = 0$$
And the exponential function:
$$\frac{d^{\infty}}{dx^{\infty}}e^x = e^x$$
And for some functions, the limit exists for some but not all values of $x$. For instance,
$$\frac{d^{\infty}}{dx^{\infty}}e^{-x^2} = 0$$
at $x=0$, but is not well-defined for any other value of $x$.
So it's not a question of whether this "infinite derivative" is possible; but of how it should be defined. Another question is whether such a concept is useful; I don't think the definition I have suggested here is any use, but I might be wrong.