Cash App already handles a lot of your finances. From money transfers, debit cards, to investments and even tax filing, the platform does nearly everything. Now, it wants to take over another regular part of your life. The company has announced Cash App Mobile, a new unlimited 5G phone plan priced at $40 per month, with taxes and fees included. It runs on AT&T’s network and is powered by Gigs, a company that helps brands launch embedded mobile services. The plan is launching as a pilot for select Cash App users, with wider availability planned in the coming months.

The app you use to split dinner now wants to run your phone

Cash App Mobile includes unlimited 5G data, talk, and text, along with unlimited HD streaming, 10GB of monthly hotspot data within the US, and data roaming in Canada and Mexico. Cash App is also emphasizing the lack of long-term contracts, credit checks, and store visits. The company is advertising it a bit differently from a traditional carrier plan. It is designed for what it calls “Modern Earners,” including young adults, underbanked consumers, and gig workers who may not have steady income patterns but still need reliable connectivity.

The company stated that millions of users already use the Cash App Card to pay phone bills. So it basically saw a recurring payment flowing through its platform and just decided it would rather be the one selling the service.

Owen Jennings, Cash App’s Executive Officer and Head of Business, said the goal is to deliver affordability and convenience by managing mobile service directly inside Cash App. Gigs CEO and co-founder Hermann Frank added that legacy carrier models do not reflect how many people live or earn today.

More convenience for the user

A $40 unlimited 5G plan is not automatically disruptive on price alone. There are already plenty of MVNOs and prepaid carriers that compete in this range. But the appeal is real. For existing Cash App users, managing a phone plan in the same app where they spend, save, borrow, and get paid makes a lot of sense, while the platform gets another subscription-like foothold in users’ monthly lives.

STMicroelectronics has roughly doubled what it expects to make from data centres this year. The Franco-Italian chipmaker said on Monday it now anticipates around $1bn in data-centre revenue in 2026, up from the “nicely above $500m” it had guided to before, citing sustained demand for AI infrastructure and faster-than-expected progress ramping up capacity.

The revision runs into next year too. STMicro said data-centre revenue could double again in 2027, against earlier guidance of “well above $1bn”, which puts the 2027 figure on a steeper path than the company had previously been willing to forecast. The update is a guidance raise rather than a results announcement, the kind of mid-year recalibration that signals order books filling ahead of plan.

Behind the numbers is a named anchor customer. STMicro is leaning on a multi-year deal with Amazon Web Services, described as worth multiple billions of dollars, to build out its data-centre business across power conversion, silicon photonics and high-performance computing.

Those three areas are the unglamorous plumbing of an AI data centre, the parts that move power and light around rather than the accelerators that get the headlines, and they are where STMicro is positioning its portfolio.

The raise lands the company on the right side of a spending wave that has been kind to component suppliers. The hyperscalers are pouring capital into AI compute, and that spending has to pass through a long chain of suppliers before it reaches a finished data centre. STMicro’s power and photonics products sit on that chain, and the upgraded forecast is the company’s read on how much of the build-out it can convert into revenue.

STMicro is better known for the chips that go into cars and industrial equipment, markets that have been soft, which makes the data-centre line one of the brighter parts of its mix even as it remains a modest share of overall revenue.

The company runs at a scale where $1bn from data centres is meaningful but not yet dominant, which is part of why the trajectory, rather than the absolute figure, is what it chose to emphasise.

STMicro framed the upgrade as a function of both demand and supply, pairing the AI-infrastructure pull with what it called recent progress on capacity ramp-up, the suggestion being that it can now make and ship more of what its customers want than it previously expected to.

What the company did not detail is the margin profile of the data-centre business, or how much of the 2026 and 2027 revenue is already under contract versus forecast. Those specifics would normally surface at the next quarterly results.

For now, STMicro has told the market to expect more from data centres than it said a few months ago, and named the customer doing much of the lifting.