STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers. Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously).