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Home/News Feed/STMicroelectronics Q1 2026 revenues rise 23% to $3.10B; forecasts Q2 growth with AI-driven opportunities.
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STMicroelectronics Q1 2026 revenues rise 23% to $3.10B; forecasts Q2 growth with AI-driven opportunities.

Company Fundamentals
23 Apr 2026
GlobeNewsWire
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Bullish
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STMicroelectronics reported Q1 2026 net revenues of $3.10 billion, up 23% year-over-year, driven by strong demand in personal electronics and sensor businesses. Gross margin was 33.8%, and net income was $37 million under U.S. GAAP, with non-U.S. GAAP net income at $122 million. The company completed the acquisition of NXP's MEMS sensor business, expanding its sensor capabilities, and expects Q2 revenues to grow 11.6% sequentially to $3.45 billion. STMicroelectronics is positioned to benefit from AI-driven programs, targeting over $500 million in datacenter revenue for 2026 and exceeding $1 billion in 2027.

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