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STMicro Forecasts Revenue Growth as AI Boom Boosts Chipmaker

Bloomberg Technology Thursday 23 July 2026, 05:11 UTC By Christina Kyriasoglou 1 min read
Key Points

STMicro Forecasts Revenue Growth as AI Boom Boosts Chipmaker STMicroelectronics NV forecast growing revenue in the current quarter as demand from artificial intelligence data centers bolsters the chipmaker’s business. Third-quarter revenue is set to rise about 6.2% from a year earlier to $3.7 billion at the midpoint of guidance, the company said in a statement Thursday. That compares to an average analyst estimate of $3.79 billion, according to data compiled by Bloomberg.

STMicro Forecasts Revenue Growth as AI Boom Boosts Chipmaker STMicroelectronics NV forecast growing revenue in the current quarter as demand from artificial intelligence data centers bolsters the chipmaker’s business. Third-quarter revenue is set to rise about 6.2% from a year earlier to $3.7 billion at the midpoint of guidance, the company said in a statement Thursday. That compares to an average analyst estimate of $3.79 billion, according to data compiled by Bloomberg.
AI Boom Boosts (ORG) STMicroelectronics NV (ORG) Bloomberg (ORG)
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