ChipsThe Next Webabout 2 hours ago
STMicroelectronics Forecasts $4.15bn Quarter
3 min read
STMicroelectronics forecasts fourth-quarter revenue of $4.15bn, up 10.5% on the third quarter. The Franco-Italian chipmaker cites AI data centres and satellite makers as growth drivers. CEO Jean-Marc Chery expects about $1.3bn in data centre revenue this year, while gross margin rose to 37.3% from 33.2% a year earlier.
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