STMicroelectronics rides AI and satellite demand, but margin recovery awaits fab overhaul

T2Covered by 1 source · first reported by JP/KR/TW: Korea Herald / Taipei Times / DigiTimes at 30 Oct, 02:01 UTC

STMicroelectronics (ST) reported third-quarter 2026 revenue of US$3.76 billion, above the midpoint of its guidance, as AI data center and low Earth orbit (LEO) satellite demand lifted communication equipment and computer peripheral sales by 64% year-over-year. Gross margin reached 37.3%, up 410…