June 2 (Reuters) - STMicroelectronics raised the revenue target for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding capacity.
The Franco-Italian chipmaker now expects data centre revenue of about $1 billion in 2026, compared with its previous forecast for revenue "nicely above" $500 million.
(Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak)
