STMicroelectronics outlines $18B revenue and 22%-24% margins for 2027-2028. Manufacturing efficiency drives savings, supporting 2030 $20B revenue target. Ready to turn the market’s comeback into ...
Chery outlined expectations for Q4 2025 revenues at $3.28 billion, an increase of 2.9% sequentially, plus or minus 350 basis points. He stated, "We expect our gross margin to be about 35.0%, plus or ...
STMicroelectronics revised its fourth quarter and full-year 2025 earnings guidance, projecting sequential revenue growth and a 22.4% rebound in the second half, signaling improved market conditions ...
Narrow-moat STMicroelectronics STMPA sparkled with solid second-quarter results and a promising outlook for the rest of the year, as the company continues to perform well in automotive chip revenue.
European chipmaker STMicroelectronics has announced a significant 12.7 percent increase in its second-quarter revenue, reaching $4.33 billion. The boost in revenue was primarily attributed to robust ...
STMicroelectronics' (NYSE:STM) stock fell about 10% premarket on Thursday after the chipmaker cut its full-year revenue and margin outlook for the second time this year. The Switzerland-based company ...
Chipmaker STMicroelectronics has revised its full-year revenue and margin guidance downward for the second time this year, citing weak industrial orders and reduced demand for automotive chips.
European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in ...
STMicroelectronics NV (NYSE: STM) reported second-quarter FY23 revenue growth of 12.7% year-on-year to $4.33 billion, beating the consensus of $4.27 billion. EPS of $1.06 missed the consensus of $1.08 ...
On Thursday, BofA Securities revised its price target for STMicroelectronics NV (STM:FP) (NYSE: STM), decreasing it to €29.00 from the previous €35.00 while retaining a Buy rating on the stock. The ...
STMicroelectronics NV (NYSE: STM) reported second-quarter FY22 revenue growth of 28.3% year-on-year to $3.84 billion, beating the consensus of $3.75 billion. Sales to OEMs increased by 31.7% Y/Y, and ...