STMicro Raises 2026 Data-Center Revenue Outlook to $1 Billion, Sees $2 Billion in 2027
STMicroelectronics raised its 2026 data-center revenue outlook to about $1 billion from a prior target of “nicely above $500 million,” citing AI-driven demand. The chipmaker said it expects data-center revenue to double again to about $2 billion in 2027 based on current customer engagements.
STMicro's shares hit a 25-year high, and the company is weighing an expansion of its Crolles fab as demand for AI optics rises. About two-thirds of the projected data-center revenue is expected to come from optical components, including MCUs, silicon photonic PICs and BiCMOS EICs, with power chips making up the rest.
From the sources (5 posts)
@businessSTMicro nearly doubled its forecast for revenue from its data centers business to $1 billion this year on booming demand
@wallstengine$STM raised its 2026 data center revenue outlook to ~$1B from “nicely above $500M.” The company also expects data center revenue to double again to ~$2B in 2027, based on current customer engagements. About 2/3 of the revenue is expected
@reutersSTMicro weighs Crolles fab expansion as AI optics demand rises, CEO says
@reutersSTMicro lifts data centre revenue goals on AI demand, shares hit 25-year high
@reutersSTMicro lifts data centre revenue goals on AI demand, shares hit 25-year high