STMicroelectronics (NYSE: STM) boosts AI data center revenue goals

Rhea-AI Filing Summary

STMicroelectronics is increasing its revenue ambition for its Data Center business as demand for AI infrastructure remains strong. The company now expects data center revenues of about $1 billion in 2026, up from guidance that was previously described as “nicely above $500 million.”

Assuming current market dynamics and existing customer engagements continue, STMicroelectronics states that data center revenues could double in 2027, compared with a prior outlook described as “well above $1 billion.” The company also reiterates extensive risk factors that could cause actual results to differ from these forward-looking expectations.

Positive

• Raised data center revenue ambition: Data center revenues are now expected at about $1 billion in 2026, versus prior guidance characterized as “nicely above $500 million,” with potential to double in 2027 if current AI infrastructure demand and engagements persist.

Negative

• None.

Insights

Semiconductor equity analyst

STMicroelectronics sharply raises its data center revenue ambitions on strong AI demand.

STMicroelectronics now targets about $1 billion in 2026 data center revenue, versus a prior goal described as “nicely above $500 million.” Management also notes that, if current trends persist, revenues could double in 2027, lifting expectations for this fast-growing segment.

This reset underscores how AI infrastructure demand is reshaping the company’s revenue mix, with data centers becoming more important alongside automotive and industrial markets. However, extensive macroeconomic, supply-chain, customer-demand and geopolitical risks are highlighted, any of which could cause actual results to diverge from these ambitions.

The new targets place more focus on execution of capacity ramp-up and on maintaining current AI-related engagements. Future company filings and updates on data center bookings, utilization and customer programs will be key to understanding how closely realized revenues track this higher ambition.

Key Figures

2026 data center revenue ambition: $1 billion Prior 2026 data center guidance: Nicely above $500 million 2027 data center ambition change: Revenues could double in 2027 +3 more

6 metrics

2026 data center revenue ambition $1 billion Expected data center revenues in 2026

Prior 2026 data center guidance Nicely above $500 million Earlier qualitative expectation for 2026 data center revenue

2027 data center ambition change Revenues could double in 2027 Compared with prior expectation described as well above $1 billion

Employee count 49,000 employees Creators and makers of semiconductor technologies

Customer base More than 200,000 customers Global customers across electronics applications

Renewable electricity goal 100% by end of 2027 Renewable electricity sourcing target date

Key Terms

forward-looking statements, carbon neutral, scopes 1 and 2, scope 3, +1 more

5 terms

forward-looking statements regulatory

"Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

carbon neutral financial

"we are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2)"

Carbon neutral means an organization balances the greenhouse gases it releases into the atmosphere by cutting emissions and compensating for the remainder—for example by buying verified offsets or investing in projects that remove or avoid emissions—so its net contribution is zero. Like balancing a household budget, claiming carbon neutrality signals lower environmental and regulatory risk, can affect costs and brand value, and therefore may influence a company’s future cash flow and investor returns.

scopes 1 and 2 technical

"carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus)"

Scopes 1 and 2 are two categories used to measure a company’s greenhouse gas emissions: Scope 1 covers direct emissions from sources the company owns or controls (like fuel burned in company vehicles or onsite boilers), while Scope 2 covers indirect emissions from purchased energy (such as electricity or heat). Investors use these measures like a household checking its fuel and electricity bills — they reveal a company’s operational carbon footprint, potential regulatory or cost exposure, and progress on efficiency or climate targets, all of which can affect future cash flow and reputation.

scope 3 technical

"employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027"

Scope 3 describes all greenhouse gas emissions that occur upstream and downstream of a company’s direct operations—things like emissions from suppliers, transportation, product use, and disposal. Think of it as the hidden carbon footprint tied to everything a business buys, sells, or enables; it matters to investors because these indirect emissions can drive regulatory costs, supply-chain disruption, consumer preference shifts, and long-term valuation risk that aren’t visible on a company’s factory floor or utility bill.

Annual Report on Form 20-F regulatory

"Some of these risk factors are set forth and are discussed in more detail in “Item 3. Key Information — Risk Factors” included in our Annual Report on Form 20-F"

An annual report on Form 20-F is a standardized filing that foreign companies submit to the U.S. securities regulator to disclose their financial results, business operations, risks, and management’s discussion of performance. It matters to investors because it provides a complete, audited snapshot—like a company’s financial report card and shareholder letter combined—used to assess transparency, compare companies, and judge whether the stock’s price matches underlying business strengths and risks.

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FAQ

What revenue ambition did STMicroelectronics (STM) set for its data center business in 2026?

STMicroelectronics now expects about $1 billion in data center revenues in 2026. This is a substantial increase from its earlier guidance, which it had described only as being “nicely above $500 million,” reflecting stronger AI infrastructure-related demand.

How has STMicroelectronics (STM) changed its 2027 data center revenue outlook?

STMicroelectronics states that, if current dynamics continue, data center revenues could double in 2027. Previously, it had described its 2027 ambition as “well above $1 billion,” so this language indicates a meaningfully higher medium-term expectation for this business line.

Why is STMicroelectronics (STM) raising its data center revenue ambition?

The company cites continued strong AI infrastructure-led demand and recent progress on capacity ramp-up. These factors support higher expected revenues from data center customers, prompting management to increase its 2026 target and discuss the possibility of revenues doubling in 2027.

What risks could affect STMicroelectronics’ (STM) new data center revenue expectations?

STMicroelectronics lists many risks, including global trade policies, macro-economic trends, supply-chain issues, customer demand shifts, geopolitical events, cybersecurity, and litigation. Any of these factors could cause actual data center revenues to differ materially from current forward-looking expectations.

How many employees and customers does STMicroelectronics (STM) have according to this report?

STMicroelectronics reports having about 49,000 employees and working with more than 200,000 customers. This reflects its scale as an integrated device manufacturer serving a broad range of electronics applications, including data centers, automotive, and power management solutions.

What are STMicroelectronics’ (STM) key sustainability goals mentioned in this filing?

The company reiterates goals to become carbon neutral in scopes 1 and 2, selected scope 3 categories like transportation and commuting, and to reach 100% renewable electricity sourcing by the end of 2027, tying its growth to longer-term environmental objectives.

UNITED  STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR

15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June, 2026

Commission File Number: 1-13546

STMicroelectronics N.V.

___________________________________________________________________________________________

(Name of Registrant)

WTC Schiphol Airport

Schiphol Boulevard 265

1118 BH Schiphol Airport

The Netherlands

___________________________________________________________________________________________

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or

Form 40-F:

Form 20-F Q             Form 40-F ☐

Enclosure: A press release dated June 2, 2026, announcing STMicroelectronics raises its revenue ambition for

Data Centers amidst continued strong demand for AI infrastructure.

PR No: C3396C

STMicroelectronics raises its revenue ambition for Data Centers

amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based

on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global

semiconductor leader serving customers across the spectrum of electronics applications, is

raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely

above $500 million” expected previously). Assuming the current dynamic continues and with

the current engagements we have, revenues could double in 2027 (compared to “well

above $1 billion” expected previously).

Forward-looking Information

Some of the statements contained in this release that are not historical facts are statements

of future expectations and other forward-looking statements (within the meaning of Section

27A of the Securities Act of 1933 or Section 21E of the Securities Exchange Act of 1934,

each as amended) that are based on management’s current views and assumptions, and

are conditioned upon and also involve known and unknown risks and uncertainties that

could cause actual results, performance or events to differ materially from those anticipated

by such statements due to, among other factors:

•changes in global trade policies, including the continuation, adoption and expansion of

tariffs and trade barriers and sanctions, that are affecting and could further affect the

macro-economic environment and are adversely impacting and could further adversely

impact the demand for our products;

•uncertain macro-economic and industry trends (such as inflation and fluctuations in

supply chains), which are impacting and may further impact production capacity and end-

market demand for our products;

•customer demand that differs from projections which may require us to undertake

transformation measures that may not be successful in realizing the expected benefits in

full or at all;

•the ability to design, manufacture and sell innovative products in a rapidly changing

technological environment;

•changes in economic, social, public health, labor, political, or infrastructure conditions in

the locations where we, our customers, or our suppliers operate, including as a result of

macro-economic or regional events, geopolitical and military conflicts, social unrest, labor

actions, or terrorist activities;

•unanticipated events or circumstances, which may impact our ability to execute our plans

and/or meet the objectives of our research and development and manufacturing

programs, which benefit from public funding;

•financial difficulties with any of our major distributors or significant curtailment of

purchases by key customers;

•the loading, product mix, and manufacturing performance of our production facilities and/

or our required volume to fulfill capacity reserved with suppliers or third-party

manufacturing providers;

•availability and costs of equipment, raw materials, utilities, third-party manufacturing

services and technology, or other supplies required by our operations (including

increasing costs resulting from inflation);

•the functionalities and performance of our IT systems, which are subject to cybersecurity

threats and which support our critical operational activities including manufacturing,

finance and sales, and any breaches of our IT systems or those of our customers,

suppliers, partners and providers of third-party licensed technology;

•theft, loss, or misuse of personal data about our employees, customers, or other third

parties, and breaches of data privacy legislation;

•the impact of intellectual property claims by our competitors or other third parties, and our

ability to obtain required licenses on reasonable terms and conditions;

•changes in our overall tax position as a result of changes in tax rules, new or revised

legislation, the outcome of tax audits or changes in international tax treaties which may

impact our results of operations as well as our ability to accurately estimate tax credits,

benefits, deductions and provisions and to realize deferred tax assets;

•variations in the foreign exchange markets and, more particularly, the U.S. dollar

exchange rate as compared to the Euro and the other major currencies we use for our

operations;

•the outcome of ongoing litigation as well as the impact of any new litigation to which we

may become a defendant;

•product liability or warranty claims, claims based on epidemic or delivery failure, or other

claims relating to our products, or recalls by our customers for products containing our

parts;

•natural events such as severe weather, earthquakes, tsunamis, volcano eruptions or

other acts of nature, the effects of climate change, health risks and epidemics or

pandemics in locations where we, our customers or our suppliers operate;

•increased regulation and initiatives in our industry, including those concerning climate

change and sustainability matters and our goal to become carbon neutral in all direct and

indirect emissions (scopes 1 and 2), product transportation, business travel, and

employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable

electricity sourcing goal by the end of 2027;

•epidemics or pandemics, which may negatively impact the global economy in a

significant manner for an extended period of time, and could also materially adversely

affect our business and operating results;

•industry changes resulting from vertical and horizontal consolidation among our

suppliers, competitors, and customers;

•the ability to successfully ramp up new programs that could be impacted by factors

beyond our control, including the availability of critical third-party components and

performance of subcontractors in line with our expectations; and

•individual customer use of certain products, which may differ from the anticipated uses of

such products and result in differences in performance, including energy consumption,

may lead to a failure to achieve our disclosed emission-reduction goals, adverse legal

action or additional research costs.

Such forward-looking statements are subject to various risks and uncertainties, which may

cause actual results and performance of our business to differ materially and adversely from

the forward-looking statements. Certain forward-looking statements can be identified by the

use of forward-looking terminology, such as “believes”, “expects”, “may”, “are expected to”,

“should”, “would be”, “seeks” or “anticipates” or similar expressions or the negative thereof

or other variations thereof or comparable terminology, or by discussions of strategy, plans

or intentions.

Some of these risk factors are set forth and are discussed in more detail in “Item 3. Key

Information — Risk Factors” included in our Annual Report on Form 20-F for the year ended

December 31, 2025 as filed with the Securities and Exchange Commission (“SEC”) on

February 26, 2026. Should one or more of these risks or uncertainties materialize, or should

underlying assumptions prove incorrect, actual results may vary materially from those

described in this press release as anticipated, believed or expected. We do not intend, and

do not assume any obligation, to update any industry information or forward-looking

statements set forth in this release to reflect subsequent events or circumstances.

Unfavorable changes in the above or other factors listed under “Item 3. Key Information —

Risk Factors” from time to time in our SEC filings, could have a material adverse effect on

our business and/or financial condition.

About STMicroelectronics

At ST, we are 49,000 creators and makers of semiconductor technologies mastering the

semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated

device manufacturer, we work with more than 200,000 customers and thousands of partners

to design and build products, solutions, and ecosystems that address their challenges and

opportunities, and the need to support a more sustainable world. Our technologies enable

smarter mobility, more efficient power and energy management, and the wide-scale

deployment of cloud-connected autonomous things. We are on track to be carbon neutral in

all direct and indirect emissions (scopes 1 and 2), product transportation, business travel,

and employee commuting emissions (our scope 3 focus), and to achieve our 100%

renewable electricity sourcing goal by the end of 2027. Further information can be found at

www.st.com 

For more information, please contact: 

INVESTOR RELATIONS 

Jérôme Ramel 

EVP Corporate Development & Integrated External Communication 

Tel: +41.22.929.59.20 

jerome.ramel@st.com   

MEDIA RELATIONS 

Alexis Breton 

Group VP Corporate External Communications

Tel: +33.6.59.16.79.08

alexis.breton@st.com

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to

be signed on its behalf by the undersigned, thereunto duly authorized.

			STMicroelectronics N.V.
Date:	June 2, 2026	By:	/s/ Lorenzo Grandi
		Name:	Lorenzo Grandi
		Title:	President and Chief Financial Officer