STMicroelectronics (STMPA FP) raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure; now expects data center revenues at about USD 1bln (prev. saw "nicely above" USD 500mln)
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EU racing to agree a 21st package of sanctions by the end of next week; measures to target Russia’s oil revenues, banks and shadow fleet, POLITICO reports, citing sources
STMicroelectronics (STMPA FP) raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure; now expects data center revenues at about USD 1bln (prev. saw "nicely above" USD 500mln)
Swiss Balance of Trade (Apr) 3.2B (Prev. 2.7B); Swiss Watch exports -16.6% (prev. -1.0%)
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- Assuming the current dynamic continues and with the current engagements we have, revenues could double in 2027 (prev. saw “well above USD 1bln”).
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