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STMicroelectronics raises data centre revenue target on AI demand
Reuters74d 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.75d 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.com79d 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
Bloomberg82d 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

STMicroelectronics (STM): The Best European Growth Stock to Buy
Insider Monkey85d agobullish
STMicroelectronics (STM): The Best European Growth Stock to Buy

STMicroelectronics N.V. (NYSE:STM) is one of the 10 Best European Growth Stocks to Buy. On May 15, 2026, Deutsche Bank analyst Robert Sanders raised the firm’s price target on STMicroelectronics N.V. (NYSE:STM) to EUR 42 from EUR 32 while maintaining a Buy rating on the shares. Last month, Citi analyst Andrew Gardiner also raised the […]

How The Story On STMicroelectronics (ENXTPA:STMPA) Is Shifting With AI And Analyst Rethinks
Simply Wall St.85d agoneutral
How The Story On STMicroelectronics (ENXTPA:STMPA) Is Shifting With AI And Analyst Rethinks

Analysts have reset their Fair Value price target for STMicroelectronics to €46.41 from €27.52, pointing to a meaningfully different view of what the equity could be worth. This shift lines up with recent research that has become more constructive on the stock, citing changing expectations around AI server demand, industrial and memory exposure, and execution in key product lines. As you read on, you will see how these evolving assumptions are shaping the story and what to watch as new...

Mizuho just rerated these 3 AI winners
TheStreet86d agoneutral
Mizuho just rerated these 3 AI winners

Mizuho analyst Vijay Rakesh upgraded his price targets on Micron Technology (MU), STMicroelectronics (STMPA), and Texas Instruments (TXN) this week, arguing that AI data center demand is creating durable tailwinds for both analog chips and memory in ways the market hasn't fully priced in yet. He ...

Jim Cramer on STMicroelectronics: “We’re Late”
Insider Monkey86d agoneutral
Jim Cramer on STMicroelectronics: “We’re Late”

STMicroelectronics N.V. (NYSE:STM) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. A caller sought Cramer’s opinion on the stock, and here’s what he had to say in response: We’re late, we’re late, we’re late. 51 times earnings does not make it for me, even if it’s […]

STMicroelectronics (STM) Introduces Next-Gen Ultralow-Power Global-Shutter Image Sensors
Insider Monkey89d agoneutral
STMicroelectronics (STM) Introduces Next-Gen Ultralow-Power Global-Shutter Image Sensors

STMicroelectronics (NYSE:STM) is one of the best performing semiconductor stocks so far in 2026. On April 28, STMicroelectronics introduced its next generation of ultralow-power global-shutter image sensors, the monochrome VD55G4 and the RGB color VD65G4. Part of the ST BrightSense portfolio, these compact, microcontroller-compatible sensors are engineered for battery-operated or energy-harvesting personal electronics. They target […]

European Chip Stocks Gain on Foxconn Results, Trump's China Visit
Barrons.com93d agoneutral
European Chip Stocks Gain on Foxconn Results, Trump's China Visit

Shares of European semiconductor companies were edging higher after Foxconn reported robust first-quarter revenue and profit and as President Trump brings a delegation of tech CEOs on his trip to China. Foxconn, which generates a significant share of revenue making AI servers for companies like Nvidia, reported 19% growth in net profit to 49.92 billion New Taiwan dollars and 29% growth in revenue to 2.120 trillion New Taiwan dollars. Meanwhile, Trump is meeting Chinese leader Xi Jinping in a summit attended by Nvidia's Jensen Huang, Apple's Tim Cook and Tesla's Elon Musk.

onsemi is Facing a Continued Slowdown in SiC and Greater Competition in CIS from Sony
24/7 Wall St.96d agoneutral
onsemi is Facing a Continued Slowdown in SiC and Greater Competition in CIS from Sony

Introduction In its Q1 2026 earnings call on May 5, 2026, onsemi (ON) reported financial results reflecting improving conditions following a prolonged semiconductor downturn. The company posted revenue of $1.51 billion, compared with $1.86 billion in Q1 2024. Non-GAAP EPS was $0.64. onsemi operates three business segments: Power Solutions Group (PSG) Advanced Solutions Group (ASG) ... onsemi is Facing a Continued Slowdown in SiC and Greater Competition in CIS from Sony

BofA Maintains a Neutral Rating on STMicroelectronics N.V. (STM)
Insider Monkey96d agoneutral
BofA Maintains a Neutral Rating on STMicroelectronics N.V. (STM)

STMicroelectronics N.V. (NYSE:STM) is one of the 12 Best Photonics Stocks to Buy Now. On May 5, BofA boosted its price target for STMicroelectronics N.V. (NYSE:STM) to EUR 49 from EUR 42. It kept a Neutral rating on the stock. The firm belief that low earth orbit exposure supports space as a “structurally attractive growth […]