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STMicroelectronics Raises Data Center Revenue Outlook on AI Demand

STMicroelectronics has raised its data center revenue outlook, citing strong demand driven by artificial intelligence, causing its shares to hit a 25-year high. While the outlook is ambitious, analysts emphasize the need for continued delivery.

2 Jun, 06:10 — 2 Jun, 16:12
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Low (24/100)
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Spectrum spread1/5 buckets covered0/33
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