STMicroelectronics Raises AI Data Center Revenue Forecast Above $1 Billion for 2026

What happened

STMicroelectronics raised its 2026 AI data center revenue forecast to above $1 billion, double its earlier projection of 'nicely above $500 million.' Q3 midpoint is $3.7B, Q4 expected above $4B.

Context and impact

STMicro results signal that the AI infrastructure buildout creates strong demand even for second-tier chipmakers, not just Nvidia and AMD. Optical data center communication is growing alongside LLM compute demands.

Details

• AI DC revenue forecast: above $1B (2026) vs. earlier 'nicely above $500M'
• Key products: 800G and 1.6T pluggable optics, silicon photonics
• Q3 guidance: $3.7B midpoint
• Q4 expectation: exceeds $4B
• First public H2 2026 outlook from STMicro