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STMicroelectronics (STMPA FP) raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure; now expects data center revenues at about USD 1bln (prev. saw "nicely above" USD 500mln)

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Assuming the current dynamic continues and with the current engagements we have, revenues could double in 2027 (prev. saw “well above USD 1bln”).

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