Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Technology

STMicro lifts data centre revenue goals on AI demand, shares hit 25-year high

STMicro

STMicroelectronics raised the 2026 and ​2027 revenue targets ​for its data centre business on Tuesday, ​citing continued strong demand tied to AI infrastructure and progress in expanding capacity.

The Franco-Italian chipmaker's shares rose as much ‌as 10% ⁠to €65.21 ⁠per share, their highest since September 2000. They were ​up 8.4% as of 0738 GMT, among top gainers on Europe's ​benchmark STOXX 600 index.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Supreme Court will review ban on distilling spirits in private homes
Plaintiffs challenging the prohibition on home distilling claim the 1868 law is an antiquated relic of Reconstruction-era politics
The Independent UK
The Independent UK
Cockroach Milk Packs 3 Times the Energy of Dairy, and Its Ig Nobel Crystals Now Inspire Protein Design
Cockroach milk crystals hold over 3 times the energy of dairy milk by weight. The 2016 discovery won a 2026 Ig Nobel, but it was never tested as food.
Medical Daily
Medical Daily
Is 'The Marvels' Being Retconned? New 'Avengers: Doomsday' Figure Fuels Fan Speculation
A new Hot Toys figure of Kelsey Grammer's Beast has fuelled speculation about his connection to 'The Marvels', though Marvel has not confirmed separate versions or a retcon.
International Business Times UK
International Business Times UK
Selena Gomez reveals vaping nicotine has changed her voice
The singer and actress, 34, told how she has since quit vaping and encouraged others to do the same.
Evening Standard
Evening Standard
Missing for 69 Years, royal tiara heads to auction for $1.3M
A diamond tiara known as the Mellerio Orléans Tiara will be auctioned on November 11 in Geneva. Originally crafted in 1862 for a royal exhibition, it features a Greek Revival design. After being lost for nearly 69 years, it is expected to fetch between $946,000 and $1.33 million. The tiara…
The Times of India
The Times of India
Sweet corn can turn dark after home canning even when it was processed correctly; natural compounds can react with iron and air to create the unexpected colour
Sweet corn may develop brown or black hues after home canning due to chemical reactions. These color changes often occur without spoilage, despite proper canning practices. The reactions involve enzymes and minerals, which can influence the corn's appearance. High-quality water and appropriate processing temperatures are crucial for maintaining color. It…
The Economic Times
The Economic Times
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play