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STMicro Forecasts Revenue Growth as AI Demand Boosts Chipmaker

Guidance·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

STMicroelectronics NV forecast growing revenue in the current quarter as demand from artificial intelligence data centers bolsters the chipmaker’s business.

The company is benefiting from the AI boom, which is driving increased demand for its products.

STMicroelectronics

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