STMicroelectronics reported Q1 revenue $3.10bn, surpassing its $3.04bn guidance and analyst consensus $3.06bn.
Operating income rose to $171m beating the $153m estimate, while net profit fell to $37m YoY and EPS $0.13 missed forecasts.
Q2 revenue guidance of $3.45bn reflects 11.6% sequential growth and 8% premium over consensus, with projected gross margin 34.8%.
CEO Jean‑Marc Chery highlighted AI data‑centre sales >$500m in 2026, >$1bn in 2027, and noted improving demand despite macro uncertainty.