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STMicro lifts data centre revenue goals on AI demand, shares hit 25-year high - The Economic Times
The Franco-Italian chipmaker's shares rose as much as 10% to €65.21 per share, their highest since September 2000. They were up 8.4% as of 0738 GMT, among top gainers on Europe's benchmark STOXX 600 index.
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thenextweb.com
STMicroelectronics doubles its data-centre revenue forecast to $1bn
STMicroelectronics now expects about $1bn in data-centre revenue in 2026, up from above $500m, citing AI-infrastructure demand and an AWS deal.
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channelnewsasia.com
STMicro lifts data centre revenue goals on AI demand, shares hit 25-year high
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…
