STMicroelectronics Industrial Revenue Climbs as It Expands Physical AI Offerings
In Q2 2026, STMicroelectronics’ Industrial revenues rose 34% year over year and 20% sequentially, while distribution inventory fell further below its standard target. The company is expanding its physical AI product portfolio for robotics, industrial automation, and smart buildings, and is working with NVIDIA to supply microcontrollers, sensors, chips, kits, software, and reference designs.