June 2 : STMicroelectronics raised the 2026 and 2027 revenue targets for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding capacity.The Franco-Italian chipmaker's shares rose as much as 10 per cent to €65.21 per share, their highest since

STMicroelectronics now expects about $1bn in data-centre revenue in 2026, up from above $500m, citing AI-infrastructure demand and an AWS deal.

June 2 : STMicroelectronics raised the 2026 and 2027 revenue targets for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress…