Categories: Technology

STMicroelectronics raises data centre revenue target on AI demand

June 2 (Reuters) – STMicroelectronics raised the revenue target for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: June 2, 2026 11:59:05 IST

June 2 (Reuters) – STMicroelectronics raised the revenue target for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding capacity.

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: June 2, 2026 11:59:05 IST

Recent Posts

Chinese online retailer Temu agrees to data privacy restrictions to settle Texas lawsuit, documents say

Oct 16 (Reuters) - Chinese online retailer Temu has agreed to settle data privacy claims…

October 16, 2026

Martinez available for Leeds trip after Man United criticism, Carrick says

VIDEO SHOWS: RECENT MANCHESTER UNITED TRAINING FOOTAGE WITH FOCUS ON DEFENDER LISANDRO MARTINEZ / PRESS…

October 16, 2026

ANALYSIS-SpaceX's spectrum deal still leaves it far from rivaling telecom giants

* SpaceX agrees to buy Grain's nationwide 800 MHz portfolio for about $8 billion, a…

October 16, 2026