Texas Instruments Crushes Q1 Earnings, Raises Q2 Outlook — Data Center Sales Up 90%
Texas Instruments beat Q1 estimates, boosted by AI chip demand, strong auto & industrial recovery, and raised its Q2 outlook.
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STMicroelectronics Scores Major AI Chip Deal with Amazon
STMicroelectronics shares jump 7% after securing multibillion-dollar AWS partnership to supply AI data center chips, marking European chipmaker's entry into booming AI infrastructure market.
Atomera Shares Plunge After STMicroelectronics Ends MST Project
Atomera stock drops 34% to a 52-week low after STMicroelectronics decided not to use its Mears Silicon Technology (MST) in upcoming products.