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STMicroelectronics (ENXTPA:STMPA) Valuation Check After Doubling 2026 Data Center Revenue Target
Simply Wall St.62d agoneutral
STMicroelectronics (ENXTPA:STMPA) Valuation Check After Doubling 2026 Data Center Revenue Target

STMicroelectronics (ENXTPA:STMPA) has drawn fresh investor interest after sharply lifting its 2026 data center revenue goal to about $1 billion from earlier guidance of "nicely above" $500 million, sending the stock to new highs. See our latest analysis for STMicroelectronics. The upbeat data center guidance and recent product launches in AI focused sensors and industrial monitoring sit against a backdrop of very strong momentum, with a 30 day share price return of 45.71%, a 90 day share...

Reuters63d agoneutral
Quantum startup Quobly raises $133 million in funding round

French quantum computing startup Quobly said on Wednesday it has raised €115 million ($133.72 million) in a ‌funding round led by France's state-backed investment bank Bpifrance, chipmaker STMicroelectronics and ‌Sealsq. The funding follows a wave of public investment in quantum computing in the U.S. and ​Europe. French President Emmanuel Macron last month said France will invest €1 billion in quantum computing, a day after U.S. President Donald Trump's administration announced $2 billion in funding for the technology.

STMicro (STM) Hits Fresh Peak as Firm Doubles Revenue Outlook
Insider Monkey63d agoneutral
STMicro (STM) Hits Fresh Peak as Firm Doubles Revenue Outlook

STMicroelectronics NV (NYSE:STM) is one of the 10 Stocks Delivering Massive Returns. STMicroelectronics saw its share prices climb to a new all-time high on Tuesday, after doubling its revenue growth forecast for full-year 2026. In intra-day trading, the stock surged to its highest price of $80.58 before paring gains to finish the session just up […]

STMicro Raises Data Centre Revenue Forecast to $1 Billion as AI Demand Accelerates (STM)
InvestorsHub64d agoneutral
STMicro Raises Data Centre Revenue Forecast to $1 Billion as AI Demand Accelerates (STM)

STMicroelectronics (NYSE:STM) increased its revenue expectations for its data centre business on Tuesday, citing strong momentum from artificial intelligence infrastructure investment and ongoing expansion of manufacturing capacity. The Franco-Italian semiconductor manufacturer, which counts Tesla and Apple among its customers, now expects its data centre operations to generate approximately $1 billion in revenue during 2026.

Stocks to Watch: Alphabet, Marvell, HPE
The Wall Street Journal64d agoneutral
Stocks to Watch: Alphabet, Marvell, HPE

↘️ Alphabet (GOOGL): The stock fell more than 2.5% premarket after the company said it plans to raise $80 billion to help finance AI infrastructure investments. Shares in Berkshire Hathaway (BRK.B), which agreed to buy $10 billion of stock, are little changed ahead of the bell.

STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says
Reuters64d agoneutral
STMicro weighs Crolles fab expansion as AI optics demand rises, CEO says

STMicroelectronics is likely to ‌decide on a ‌further expansion of its ​Crolles chipmaking site in France by the end of 2026, ‌as demand ⁠for silicon photonics used in ⁠AI data centres accelerates, its chief ​executive said ​on ​Tuesday. CEO Jean-Marc ‌Chery, speaking at a conference in Geneva, Switzerland hosted by BNP Paribas, said the ‌expected shift ​towards so-called ​near-package ​optics, where ‌optical engines sit ​closer ​to processors, would require a capacity decision. (Reporting ​by ‌Nathan Vifflin in ​Gdansk, editing by ​Milla Nissi-Prussak)

STMicroelectronics raises data centre revenue target on AI demand
Reuters64d agoneutral
STMicroelectronics raises data centre revenue target on AI demand

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 Franco-Italian chipmaker now expects data centre revenue of about $1 ‌billion in ⁠2026, compared with its previous forecast for revenue "nicely ⁠above" $500 million. "Assuming the current dynamic continues and with the current ​engagements we ​have, revenues ​could double in ‌2027," STMicro said in a statement.

Top Stock for AI’s Next Megatrend: Infineon
24/7 Wall St.65d agoneutral
Top Stock for AI’s Next Megatrend: Infineon

Top Stock for AI’s Next Megatrend: Infineon The development of AI data centers has pushed the limits of the industry in several categories. For instance, capex keeps increasing, as infrastructure expands. Energy might be one of the sectors with the fastest growth. Normally it grows at a steady pace, nonetheless to keep up with the ... Top Stock for AI’s Next Megatrend: Infineon

European Stocks Fall as Iran Peace Fears Spread
Barrons.com69d agobearish
European Stocks Fall as Iran Peace Fears Spread

European blue-chip stock indexes edged lower as increasing pessimism around a U.S.-Iran peace deal weighed on market confidence. Technology stocks gained amid broader risk-off sentiment, with the Europe-wide Stoxx 600 slipping 0.

Italian Stocks Hit First Record in 26 Years Led by Energy, Chips
Bloomberg72d agoneutral
Italian Stocks Hit First Record in 26 Years Led by Energy, Chips

(Bloomberg) -- Italy’s benchmark equity index rose past its all-time closing high set in 2000, with a recent rally in energy and chip stocks supercharging it to record levels.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, Sanctions