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.
STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructureGeneva, ...
Paris-listed shares were up 8.2%, adding to a rally that has led the stock to nearly triple its value since the start of the ...
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 ...
STMicroelectronics (STM) stock rallies 11% after company raises 2026 data-center revenue target to $1B and projects doubling ...
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 now expects about $1bn in data-centre revenue in 2026, up from above $500m, citing AI-infrastructure demand and an AWS deal.
STMicroelectronics (ENXTPA:STMPA) has expanded its multi year commercial agreement with Amazon Web Services to target growth ...
Narrow-moat STMicroelectronics sparkled with solid second-quarter results and a promising outlook for the rest of the year, as the company continues to perform well in automotive chip revenue. We ...
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