STMicroelectronics set to unveil new data center photonics chip in Amazon partnership

STMicroelectronics (NYSE:STM) said on Thursday it is slated to show off a new data center photonics chip in a partnership with Amazon (NASDAQ:AMZN) Web Services.

STMicroelectronics shares rose 2.7% in premarket trading, while Amazon fell 0.8%.

The chip, which has been