Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/STMicroelectronics raises 2026 data center revenue forecast to $1B amid strong AI demand.
STM
$67.98
+$0.23 +0.34%

STMicroelectronics raises 2026 data center revenue forecast to $1B amid strong AI demand.

Company Fundamentals
02 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

STMicroelectronics has increased its revenue forecast for data centers to about $1 billion in 2026, up from a previous expectation of just over $500 million, driven by strong demand for AI infrastructure and progress in capacity expansion. The company also anticipates that revenues could double in 2027 if current trends and engagements continue. This optimistic outlook reflects the growing importance of AI technologies and data center investments in the semiconductor market. However, the company notes various risks that could affect actual results, including global trade policies, economic conditions, supply chain issues, and geopolitical factors.

More News (STM)

Industrial semiconductor market to reach $329.73B by 2035 driven by AI, automation, and EV growth

Industrial semiconductor market to reach $329.73B by 2035 driven by AI, automation, and EV growth

The global industrial semiconductor market, valued at $98.35 billion in 2025, is projected to grow to $329.73 billion by 2035, with a CAGR of 12.86%. Growth is fueled by increasing adoption of AI-powered industrial automation, electric vehicles, smar...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App