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STMicroelectronics Reports Strong Q3 Profit and Upward Revenue Forecast Amidst AI and Data Center Demand

STMicroelectronics Reports Strong Q3 Profit and Upward Revenue Forecast Amidst AI and Data Center Demand

STMicroelectronics rides AI and satellite demand, but margin recovery awaits fab overhaul
STMicroelectronics rides AI and satellite demand, but margin recovery awaits fab overhaul

STMicroelectronics (ST) reported third-quarter 2026 revenue of US$3.76 billion, above the midpoint of its guidance, as AI data center and low Earth orbit (LEO) satellite demand lifted...

STMicroelectronics' recovery gains momentum, but power chips lag
STMicroelectronics' recovery gains momentum, but power chips lag

STMicroelectronics is turning a demand recovery into stronger factory economics, with communications and embedded-processing products driving the improvement. Yet the widening loss in its power...

STMicro lifts data centre revenue forecast after Q3 profit beat
STMicro lifts data centre revenue forecast after Q3 profit beat

STMicroelectronics raised its 2026 forecast for AI data centre revenue on Thursday, after demand from data centres and satellite operators helped it beat market expectations for third-quarter...

Chipmaker STMicro lifts data centre revenue forecast after Q3 profit beats expectations
Chipmaker STMicro lifts data centre revenue forecast after Q3 profit beats expectations

It sees higher sales of communication equipment, computer peripherals and personal electronics.

STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billion
STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billion

STMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and satellite operators added to a broader recovery in the...

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