Global MarketsJuly 23 at 03:40 AM

STMicroelectronics (STMPA FP) said demand strengthened further in Q2, supported by strong bookings that pushed the overall book-to-bill ratio above 1 across all end markets

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STMicroelectronics reported strong Q2 results with demand strengthening across all markets. Book-to-bill ratios exceeded 1, and AI data center revenue targets for 2026-2027 were significantly increased.

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