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STMicroelectronics sets 2027 AI revenue plan with fiber chips at 80%

STMicroelectronics said in New York on September 9 that about 80% of its target for more than US$2 billion in artificial intelligence data-center revenue in 2027 will come from fiber-optic data transmission chips. The disclosure marked the first time the company broke out the mix behind its AI outlook after lifting its forecast in July.