STMicroelectronics falls
STMicroelectronics falls after weak Q1 outlook
Shares of STMicroelectronics (NYSE:STM) fell about 8% premarket on Thursday after the company's first quarter outlook was seen below estimates, despite a fourth quarter beat. Outlook: The Netherlands-based chipmaker expects first quarter 2025 net revenue to be $2.
STMicroelectronics warns of weaker Q1, shares drop
Investing.com -- STMicroelectronics (NYSE: STM ) (EPA: STMPA) on Thursday warned of an even weaker first quarter in 2025, signaling continued challenges in the semiconductor market as the industry struggles with soft demand and excess inventory.
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.
Craig-Hallum lowered the firm’s price target on STMicroelectronics (STM) to $28 from $36 and keeps a Buy rating on the shares. The firm notes ...
STMicroelectronics reported Q4 net revenues of $3.32B, beating analyst estimates. EPS of $0.37 missed expectations. Net ...
Brief hosts Seana Smith and Brad Smith are joined by Yahoo Finance senior reporter Alexandra Canal in reviewing several of ...
Sees Q1 gross margin 33.8%. The company said, “Our first quarter business outlook, at the mid-point, is for net revenues of $2.51 billion, ...
French oil major TotalEnergies has signed a 15-year deal with STMicroelectronics to supply 1.5 terawatt hours (TWh) of ...
GENEVA (AP) — GENEVA (AP) — STMicroelectronics NV (STM) on Thursday reported fourth-quarter profit of $341 million. On a per-share basis, the Geneva-based company said it had net income of 37 cents.
10hon MSN
The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for ...
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