HomeElectronicsSTMicroelectronics Reports 26% Rise in Revenue, Bets Big on AI Data-centre Markets

STMicroelectronics Reports 26% Rise in Revenue, Bets Big on AI Data-centre Markets

According to STMicroelectronics, net revenues for the second quarter were $3.49 billion, up 26% on an annual basis. Gross margins reached 34.8% and for the quarter the firm saw $187 million in operating income. Net income of $222 million signifies a robust bounce back from a net loss last year.

The company said that the quarterly results were helped by solid business conditions with demand for a range of products rising in the markets such as communications equipment, computer peripheral, automotive and other semiconductor applications. In addition, STMicroelectronics revised upward its outlook for its data-centre activities due to rising demand associated with AI-related infrastructure.

For the third quarter of 2026, the company forecasts net revenues of $3.70 billion and a gross margin of 37.0%. STMicroelectronics is looking forward to robust second-half demand from AI and other end-market segments.

During the Q2 2026, STMicroelectronics (news releases) reported quarterly net revenues came above the mid-point of its business outlook driven by stronger revenue performance in its Communications Equipment, Computer Peripherals (CECP) and Automotive segments, and the company also reported gross margin in line with the mid-point of the outlook. “Q2 net revenues came above the mid-point of our business outlook range, driven by higher revenues in CECP and Automotive,” stated Jean-Marc Chery, President & CEO at STMicroelectronics. “Gross margin was in line with the mid-point of our business outlook range.”

Chery added that it will also see a rise in AI data-centre markets contribute to revenue, seeing “sustained strength in AI data-centres” means the company will now increase revenue for its data-centre market segment. This segment’s revenues “will exceed $1 billion in 2026, and, if we maintain customer engagements and market trends continue to evolve, are projected to well surpass $2 billion in 2027”, the company confirmed, signalling strength within “this burgeoning AI data-centre market space.”

ELE Times Research Desk
ELE Times Research Deskhttps://www.eletimes.ai
ELE Times provides extensive global coverage of Electronics, Technology and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads and market your products favourably.

Related News

Must Read

Cadence AI Super Agents Help Nokia Accelerate Electronic System Design by 5X

Cadence has announced that Nokia is using its AuraStack...

Renesas Launches RX74M and RX74N 32-bit MCUs with 22nm Process and Embedded MRAM

Renesas Electronics Corporation has announced a pair of 32-bit...

Microchip Launches LX-820 Radiation-Tolerant Quartz Oscillator for LEO Satellites

Microchip Technology has expanded its L-Series timing product portfolio...

Infineon Announces Winners of 2026 Start-up Challenge on Humanoid Robotics

The winners of the 2026 Infineon Start-up Challenge –...

Infineon and NVIDIA Advance GaN-Based Power Conversion for 800 VDC AI Data Centres

Infineon Technologies AG is expanding its technology partnership with...

Keysight Expands Active and Passive 1.6T Copper Interconnect Validation for Scale-Out Data Centres

Keysight Technologies, today announced the Functional Interconnect Test Solutions...

Interview | Manish Dave, Head of Industrials – India, Henkel Adhesive Technologies

Henkel Adhesive Technologies, the market leader in adhesives, sealants...

ASMPT Presents New SOLO Placement Head for AI Server Applications

With its new SOLO placement head, ASMPT SMT Solutions,...