June 2 (Reuters) - STMicroelectronics raised the revenue target for its data centre business on Tuesday, citing continued ...
STMicroelectronics (STM) has nearly doubled its forecast for revenue from its data center business to about $1B in 2026. The ...
STMicroelectronics (ENXTPA:STMPA) has drawn fresh investor interest after sharply lifting its 2026 data center revenue goal to about $1 billion from earlier guidance of "nicely above" $500 million, ...
STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructureGeneva, ...
STMicroelectronics (NYSE:STM) increased its revenue expectations for its data centre business on Tuesday, citing strong ...
STMicroelectronics (STM) stock rallies 11% after company raises 2026 data-center revenue target to $1B and projects doubling ...
STMicroelectronics outlines $18B revenue and 22%-24% margins for 2027-2028. Manufacturing efficiency drives savings, supporting 2030 $20B revenue target. Ready to turn the market’s comeback into ...
On Thursday, STMicroelectronics N.V. (NYSE:STM) reported fourth-quarter net revenues of $3.32 billion, representing a 22.4% year-over-year decrease, beating the analyst consensus estimate of $3.31 ...
By Nathan Vifflin June 2 (Reuters) - STMicroelectronics raised the 2026 and 2027 revenue targets for its data centre business ...
STMicroelectronics now expects about $1bn in data-centre revenue in 2026, up from above $500m, citing AI-infrastructure demand and an AWS deal.
Shares of STMicroelectronics (STM) fell about 8% on Thursday after mixed fourth quarter results and warned that restructuring costs would continue to be felt in 2026. Net revenues for the fourth ...
STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand an ...