STMicroelectronics has raised its 2026 data center revenue forecast to approximately $1 billion, up from a previous estimate of exceeding $500 million, driven by sustained strong demand for AI infrastructure and progress in ramping up production capacity [1, 2, 3, 4].
The company plans to decide by the end of 2026 whether to expand its chip manufacturing plant in Crolles, France, to meet the surge in demand for silicon photonics technology used in AI data centers. CEO Jean-Marc Chery said, "We plan to decide by the end of 2026 whether to expand the Crolles factory to meet the explosive growth in silicon photonics demand for AI data centers" [5].
STMicroelectronics became a strategic supplier for Amazon Web Services through a multi-billion dollar cooperation agreement signed in February 2026 [4]. The company is also a global leader in silicon carbide power semiconductors and supplies major technology firms including Apple and Tesla [4].
Market momentum from strong AI demand helped lift STMicroelectronics’ American Depositary Receipt (ADR) stock price by over 15% on August 2, reaching $79.51 — the highest level since September 2000 [4].
If current market trends and ongoing business collaborations continue, STMicroelectronics expects its 2027 data center revenue to more than double 2026’s figure, surpassing $1 billion [2, 4].
The company had planned to release its latest earnings report on July 23, 2026, providing updated financial results to complement the upgraded guidance [4].
