STMicroelectronics is planning temporary closures of multiple fabs as inventory and weak markets hit its 2024 results.
ST says Q1 revenues to be 28% down y-o-y at $2.51 billion and expects to pause production at some of its fabs and assembly ...
In a report released today, Andrew Gardiner from Citi maintained a Buy rating on STMicroelectronics NV (0INB – Research Report), with a price ...
Analyst Joshua Buchalter of TD Cowen maintained a Hold rating on STMicroelectronics (STM – Research Report), reducing the price target to ...
EUROPE’S benchmark index closed at a record high on Thursday, led by real estate stocks, as investors priced in more monetary policy easing by the European Central Bank this year and assessed a mixed ...
STMicroelectronics NV forecast first quarter revenue that missed analysts’ expectations, as demand from the chipmaker’s customers in the industrial and auto sectors remains weak.
Nonetheless, it is still in some highly competitive segments of the chip industry, such as commodity-like discrete chips that carry lower margins than analog chips and microcontrollers from US-based ...
(Reuters) -STMicroelectronics, one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the ...
STMicroelectronics, one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first ...
Chipmaker's Q4 earnings plunge, Q1 forecast disappoints, and cost-cutting moves raise big questions about the future.
European chip company STMicroelectronics has said sales will drop by about 27 percent sequentially to about US$2.5 billion in ...