STMicroelectronics posts $3.76B revenue on AI and satellite demand

STMicroelectronics reported third-quarter 2026 revenue of $3.76 billion, above the midpoint of its guidance. Communication equipment and computer peripherals sales rose 64% on AI data center and LEO satellite demand, though margin recovery awaits a fab overhaul.

• Q3 2026 revenue reached $3.76 billion, above guidance midpoint
• Communication and peripherals sales grew 64% on AI data center and LEO demand
• Margin recovery is deferred until the fab overhaul is complete