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STMicroelectronics Projects 23% 2026 Revenue Surge, Margin Gain

By Drooid · Oct 29, 2026 · How we work

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STMicroelectronics CEO Jean-Marc Chery says data centers and satellites will drive growth this year.
The company projects 2026 revenue will rise nearly 23% to about $14.5 billion.
STMicroelectronics expects gross margin to increase to roughly 36.4% from 33.9% last year.
Demand from expanding data centers for AI models and satellite connectivity boosts semiconductor orders.
Apple, Tesla and SpaceX are among STMicroelectronics’ semiconductor customers.

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STMicroelectronics CEO Jean-Marc Chery says data centers and satellites will drive growth this year.
The company projects 2026 revenue will rise nearly 23% to about $14.5 billion.
STMicroelectronics expects gross margin to increase to roughly 36.4% from 33.9% last year.
Demand from expanding data centers for AI models and satellite connectivity boosts semiconductor orders.
Apple, Tesla and SpaceX are among STMicroelectronics’ semiconductor customers.