STMicro tops guidance on AI and satellite demand; Panasonic, Kioxia raise outlooks

Chip and memory earnings confirm AI datacenter demand is lifting the wider semiconductor chain.

STMicroelectronics reports Q3 2026 revenue of $3.76B above guidance, with communication and computer peripherals up 64% on AI datacenter and LEO satellite demand. Panasonic raises profit forecast 20% and Kioxia profit jumps on AI storage.

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Read it at DigiTimes Asia →

Coverage: 3 sources, in order

1. 30 Oct 02:01 DigiTimes Asia Read the article →
2. 30 Oct 07:37 CNA Read the article →
3. 30 Oct 09:54 Bloomberg Read the article →

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