{"id":1023173,"date":"2026-07-24T07:39:44","date_gmt":"2026-07-24T02:09:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1023173"},"modified":"2026-07-24T07:41:19","modified_gmt":"2026-07-24T02:11:19","slug":"stmicro-raises-data-centre-expectations-after-profit-miss-shares-tank","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/24\/stmicro-raises-data-centre-expectations-after-profit-miss-shares-tank\/","title":{"rendered":"STMicro raises data-centre expectations after profit miss, shares tank"},"content":{"rendered":"<p>STMicroelectronics said it expects data-centre demand to boost revenue towards the end of the year, after reporting second-quarter core profit and a third-quarter sales forecast that missed expectations on Thursday. <\/p>\n<p>The shares fell 14% in early trade. <\/p>\n<p>The Franco-Italian chipmaker, whose chips are used in cars, industrials and smartphones, has been trying to recover from a prolonged \u200cdownturn in demand \u2060across \u2060its main markets, while looking to faster-growing areas such as AI-related data centres and satellite communications for growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>STMicroelectronics said it expects data-centre demand to boost revenue towards the end of the year, after reporting second-quarter core profit and a third-quarter sales forecast that missed expectations on Thursday. The shares fell 14% in early trade. The Franco-Italian chipmaker, whose chips are used in cars, industrials and smartphones, has been trying to recover from a prolonged \u200cdownturn in demand \u2060across \u2060its main markets, while looking to faster-growing areas such as AI-related data centres and satellite communications for growth.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1023173","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1023173"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023173\/revisions"}],"predecessor-version":[{"id":1023199,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023173\/revisions\/1023199"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1023173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1023173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1023173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}