STMicroelectronics plans to decide on expanding its Crolles fab by end of 2026, doubling its data-center revenue target to $1B amid surging AI photonics demand.

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 revenue target for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding…

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…

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…

June 2 : STMicroelectronics is likely to decide on a further expansion of its Crolles chipmaking site in France by the end of 2026, as demand for silicon photonics used in AI data…

STMicroelectronics plans to decide on expanding its Crolles fab by end of 2026, doubling its data-center revenue target to $1B amid surging AI photonics demand.

Visto il boom dell'intelligenza artificiale, Stmicroelectronics investirà nell'espansione ulteriore dello stabilimento di Crolles.