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Digitimes September 10, 2026 By DIGITIMES positive

STMicro sees AI sales accelerating as factory transfers hold key to margin recovery

STMicroelectronicsAI / LLMSupply ChainData Center
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.
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