STMicroelectronics Boosts Data Center Revenue Forecast to $1 Billion for This Year

Deep News06-02 14:40

STMicroelectronics NV revised its revenue target for its data center business upward on Tuesday, citing sustained robust demand for artificial intelligence infrastructure and progress in expanding production capacity.

The company stated it now anticipates its data center business revenue will reach approximately $1 billion in 2026, compared to a prior forecast of "significantly exceeding" $500 million.

STMicroelectronics noted in a statement, "Assuming the current growth momentum continues and our current business progresses smoothly, revenue has the potential to double by 2027." The company had previously set a revenue target for next year of "significantly exceeding $1 billion."

The company's investment focus within the data center sector is not on the graphics processing units used to train AI models, but rather on the surrounding infrastructure required to power and manage these processors.

The firm indicated that the higher revenue target also reflects advancements in increasing factory production capacity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1180653346?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-02 14:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1180653346","market":"sg","top_or_hot":-1,"title":"STMicroelectronics Boosts Data Center Revenue Forecast to $1 Billion for This Year","media":"Deep News","content":"<p>STMicroelectronics NV revised its revenue target for its data center business upward on Tuesday, citing sustained robust demand for artificial intelligence infrastructure and progress in expanding production capacity.<br><br>The company stated it now anticipates its data center business revenue will reach approximately $1 billion in 2026, compared to a prior forecast of \"significantly exceeding\" $500 million.<br><br>STMicroelectronics noted in a statement, \"Assuming the current growth momentum continues and our current business progresses smoothly, revenue has the potential to double by 2027.\" The company had previously set a revenue target for next year of \"significantly exceeding $1 billion.\"<br><br>The company's investment focus within the data center sector is not on the graphics processing units used to train AI models, but rather on the surrounding infrastructure required to power and manage these processors.<br><br>The firm indicated that the higher revenue target also reflects advancements in increasing factory production capacity.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>STMicroelectronics Boosts Data Center Revenue Forecast to $1 Billion for This Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSTMicroelectronics Boosts Data Center Revenue Forecast to $1 Billion for This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-06-02 14:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>STMicroelectronics NV revised its revenue target for its data center business upward on Tuesday, citing sustained robust demand for artificial intelligence infrastructure and progress in expanding production capacity.<br><br>The company stated it now anticipates its data center business revenue will reach approximately $1 billion in 2026, compared to a prior forecast of \"significantly exceeding\" $500 million.<br><br>STMicroelectronics noted in a statement, \"Assuming the current growth momentum continues and our current business progresses smoothly, revenue has the potential to double by 2027.\" The company had previously set a revenue target for next year of \"significantly exceeding $1 billion.\"<br><br>The company's investment focus within the data center sector is not on the graphics processing units used to train AI models, but rather on the surrounding infrastructure required to power and manage these processors.<br><br>The firm indicated that the higher revenue target also reflects advancements in increasing factory production capacity.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMPRXR70.SGD","symbol_name":"Neuberger Berman 5G Connectivity A Acc SGD-H","start_time":0,"source_url":"","article_id":"1180653346","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180653346","pubTimestamp":1780382448,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"STMicroelectronics NV revised its revenue target for its data center business upward on Tuesday, citing sustained robust demand for artificial intelligence infrastructure and progress in expanding...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","STM":"意法半导体","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4588":"碎股","BLOK":"Amplify Transformational Data Sharing ETF","BK4585":"ETF&股票定投概念","BK4605":"半导体精选","BK4141":"半导体产品","BK4604":"机器人概念","BK4554":"元宇宙及AR概念","DTCR":"Global X Data Center & Digital Infrastructure ETF","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD"},"translate_title":"意法半导体将今年数据中心收入预期上调至10亿美元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STM":1,"DTCR":1,"BLOK":1},"content_text":"STMicroelectronics NV revised its revenue target for its data center business upward on Tuesday, citing sustained robust demand for artificial intelligence infrastructure and progress in expanding production capacity.The company stated it now anticipates its data center business revenue will reach approximately $1 billion in 2026, compared to a prior forecast of \"significantly exceeding\" $500 million.STMicroelectronics noted in a statement, \"Assuming the current growth momentum continues and our current business progresses smoothly, revenue has the potential to double by 2027.\" The company had previously set a revenue target for next year of \"significantly exceeding $1 billion.\"The company's investment focus within the data center sector is not on the graphics processing units used to train AI models, but rather on the surrounding infrastructure required to power and manage these processors.The firm indicated that the higher revenue target also reflects advancements in increasing factory production capacity.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.4","shortVersion":"4.42.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1180653346","isCrawlerRequest":true}