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…