STMicro's 2027 AI revenue to be four-fifths optics, CFO says
09/09/2026 16:50
STMicro's 2027 AI revenue to be four-fifths optics, CFO says Sept 9 (Reuters) - About 80% of the more than $2 billion in AI data-centre revenue STMicroelectronics is targeting for 2027 will come from chips that move data through fibre-optic links, its finance chief said on Wednesday, in the first breakdown of a target the company raised in July.
The remaining 20% sits in the business that supplies chips for cooling and for converting electricity inside a server, Chief Financial Officer Lorenzo Grandi told Citi's Global TMT Conference in New York.
(Reporting by Nathan Vifflin in Gdansk. Editing by Mark Potter)
((nathan.vifflin@thomsonreuters.com; gdansk.newsroom@thomsonreuters.com; +48 58 769 67 13;))
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