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Tech Companies Adjust Revenue Forecasts Amid Varied Market Demands

Tech Companies Adjust Revenue Forecasts Amid Varied Market Demands

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.

Gen Digital raises annual revenue forecast on strong cybersecurity demand
Gen Digital raises annual revenue forecast on strong cybersecurity demand

Gen Digital raised its annual revenue forecast on Wednesday, ​signaling sustained demand for its cybersecurity ‌offerings as consumers seek protection from increasingly sophisticated online threats.

NXP Shares Drop After Revenue Forecast Misses Analyst Estimates
NXP Shares Drop After Revenue Forecast Misses Analyst Estimates

NXP Semiconductors NV, a maker of chips for auto and industrial customers, slid in late trading after delivering a weaker revenue forecast than anticipated, sparking fears that a recovery in...

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