STMicroelectronics (STM) has nearly doubled its forecast for revenue from its data center business to about $1B in 2026.

Shares in the SpaceX supplier fell more than 2% on the news, however the stock has nearly tripled so far this year.

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, June 2, 2026 - In ...

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) is looking to raise $1.5B from debt that can be exchanged into equity. The company — in which the ...

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 (STM) stock rallies 11% after company raises 2026 data-center revenue target to $1B and projects doubling ...