StreetInsider.com News Articles

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

Mon, 22 Jun 2026 02:00:00 -0400

STMicroelectronics unveils new compact direct Time-of-Flight 3D LiDAR module bringing high-resolution spatial awareness to compact edge AI systems with industry-leading resolution and performance

VL53L9 is the first direct Time-of-Flight (dToF) 3D LiDAR all-in-one module in ST’s portfolio, offering a resolution of 2.3K zones, wide field of view, on-chip processing, 100 frames per second, and sensing range from 5 centimeters to 9 meters.
Designed to meet the evolving needs of customers and partners across diverse industries, including robotics, industrial automation, smart buildings, AR/VR, and healthcare.

Geneva, June 22, 2026 – STMicroelectronics

STMicro gains as BofA upgrades stock to Buy with Street-high price target

Wed, 10 Jun 2026 06:03:51 -0400

Investing.com -- Bank of America upgraded STMicroelectronics (EPA:STMPA) (NYSE:STM) shares to Buy from Neutral on Tuesday, setting a Street-high price target of €86/$100, arguing the market is underestimating the chipmaker’s earnings power over the next two to three years.
The stock rose 2.5% in Paris trading by 08:14 GMT.
Analysts led by Didier Scemama cited four key drivers behind the upgrade: a growing position in optical interconnects for data centers, exposure to the expanding low-earth orbit (LEO) satellite market, a nascent recovery in automotive and industrial demand, and “substantial operating leverage owing to its considerable spare capacity.”
"We think the market materially underestimates

STMicro gains as BofA upgrades stock to Buy with Street-high price target

Wed, 10 Jun 2026 06:03:51 -0400

Investing.com -- Bank of America upgraded STMicroelectronics (EPA:STMPA) (NYSE:STM) shares to Buy from Neutral on Tuesday, setting a Street-high price target of €86/$100, arguing the market is underestimating the chipmaker’s earnings power over the next two to three years.
The stock rose 2.5% in Paris trading by 08:14 GMT.
Analysts led by Didier Scemama cited four key drivers behind the upgrade: a growing position in optical interconnects for data centers, exposure to the expanding low-earth orbit (LEO) satellite market, a nascent recovery in automotive and industrial demand, and “substantial operating leverage owing to its considerable spare capacity.”
"We think the market materially underestimates

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises data center revenue target to $1 billion

Tue, 02 Jun 2026 07:17:53 -0400

STMicroelectronics (NYSE: STM) announced it is increasing its revenue expectations for data centers to approximately $1 billion in 2026, up from a previous target of "nicely above $500 million."
The semiconductor company cited continued strong demand for AI infrastructure and progress in capacity ramp-up as reasons for the revision. The Geneva-based company also indicated that revenues could double in 2027, compared to its earlier projection of "well above $1 billion."
The updated guidance assumes current market dynamics continue and is based on existing customer engagements, according to the company's statement released on June 2.
STMicroelectronics describes itself as serving customers across electronics applications

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Tue, 02 Jun 2026 02:00:00 -0400

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously). Assuming the current dynamic continues and with the current engagements we have, revenues could double

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Tue, 02 Jun 2026 02:00:00 -0400

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously). Assuming the current dynamic continues and with the current engagements we have, revenues could double

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Tue, 02 Jun 2026 02:00:00 -0400

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously). Assuming the current dynamic continues and with the current engagements we have, revenues could double

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Tue, 02 Jun 2026 02:00:00 -0400

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously). Assuming the current dynamic continues and with the current engagements we have, revenues could double

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Tue, 02 Jun 2026 02:00:00 -0400

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously). Assuming the current dynamic continues and with the current engagements we have, revenues could double

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Tue, 02 Jun 2026 02:00:00 -0400

STMicroelectronics raises its revenue ambition for Data Centers amidst continued strong demand for AI infrastructure

Geneva, June 2, 2026 - In light of continued strong AI infrastructure-led demand and based on recent progress made on capacity ramp-up, STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is raising its revenue ambition for Data Centers.

Data center revenues are now expected at about $1 billion in 2026 (compared to “nicely above $500 million” expected previously). Assuming the current dynamic continues and with the current engagements we have, revenues could double