STM · STMicroelectronics N.V.

STMicroelectronics announced a significant upward revision to its data center revenue ambition, driven by sustained strong demand for AI infrastructure and progress on manufacturing capacity expansion. The company now expects data center revenues of approximately $1 billion in 2026, compared to its previous expectation of 'nicely above $500 million'. Furthermore, assuming the current demand dynamic persists and based on existing customer engagements, revenues could double in 2027 to around $2 billion, up from the prior outlook of 'well above $1 billion'. This update underscores the company's growing exposure to the AI infrastructure buildout, particularly through its semiconductor solutions for data centers. The press release includes extensive forward-looking statements and risk factors, cautioning that actual results may differ materially due to factors such as global trade policies, macro-economic trends, customer demand variability, and supply chain conditions. The filing is a Form 6-K submitted by the foreign private issuer to the SEC, furnishing the press release as an exhibit.