STMicroelectronics Forecasts Strong Sales on AI and Satellite Demand
The European chip maker said data-center construction and satellite deployments are fueling semiconductor demand, and projected robust sales growth this year.
By Mauro OrruSTMicroelectronics projected robust sales growth for the year as the buildout of data centers and the deployment of satellites fuel demand for semiconductors.The European chip maker, which counts Apple and Elon Musk's Tesla and SpaceX among its clients, said revenue this year should gr…