STMicro sees AI sales accelerating as factory transfers hold key to margin recovery
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All 1 reports on Thu, 10 September 2026
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Thu, 10 September 2026
1 report- digitimes.com01:17first to report
STMicroelectronics expects rapidly expanding AI infrastructure sales and stronger automotive demand to support growth into 2027, but its largest gross-margin gains will depend on customer approvals allowing older factories to close, CFO Lorenzo Grandi said at Citi's Global TMT Conference on September 9.