STM guiding Q3 revenue to $3.7B, below the $3.79B consensus, showing that its core automotive and industrial markets are recovering more slo
STM guiding Q3 revenue to $3.7B, below the $3.79B consensus, showing that its core automotive and industrial markets are recovering more slowly than expected. The company raised its 2026 data center revenue outlook to above $1B and expects Q4 sales above $4B, but the near-term guidance miss outweighed the AI upside.
STM guiding Q3 revenue to $3.7B, below the $3.79B consensus, showing that its core automotive and industrial markets are recovering more slowly than expected.
The company raised its 2026 data center revenue outlook to above $1B and expects Q4 sales above $4B, but the near-term guidance miss outweighed the AI upside.