Brief: STMicroelectronics Raises Data Centers Revenue Ambition
02/06/2026 07:32
BRIEF-STMicroelectronics Raises Data Centers Revenue Ambition June 2 (Reuters) - STMicroelectronics STMPA.PA:
RAISES ITS REVENUE AMBITION FOR DATA CENTERS AMIDST CONTINUED STRONG DEMAND FOR AI INFRASTRUCTURE
NOW EXPECTED AT ABOUT $1 BLN IN 2026
REVENUES COULD DOUBLE IN 2027
Source text: ID:nGNX8bnXkh
Further company coverage: STMPA.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on STMicroelectronics NV
See all newsLive Markets: Before the bell: Europe eyes best quarter since 2022
Barclays ups STMicro to 'equal-weight' on outlook improvements
Europe Research Roundup: Ashmore, Flughafen, Richemont
European shares slip as tech selloff bites, Zalando slides
European shares slip on global tech slump; Zalando down on regulator action