---
title: "Shares of SpaceX supplier STMicroelectronics slump despite boost to AI data-center sales goal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293578592.md"
description: "Shares in the European chip maker shed more than 15%, even though the chip maker raised its data-center revenue target for a second time this year."
datetime: "2026-07-23T08:01:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293578592.md)
  - [en](https://longbridge.com/en/news/293578592.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293578592.md)
---

# Shares of SpaceX supplier STMicroelectronics slump despite boost to AI data-center sales goal

Shares in the European chip maker shed more than 15%, even though the chip maker raised its data-center revenue target for a second time this year.

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