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.
Analyst Christopher Rolland from Susquehanna reiterated a Buy rating on STMicroelectronics (STM – Research Report) and decreased the price ...
Artificial intelligence (AI) has fueled a major rally in the technology sector, driving up key market indices.
Europe's benchmark index closed at a record high on Thursday, led by real estate stocks, as investors priced in more monetary ...
Microchip is a provider of smart, connected and secure embedded control and processing solutions. Its development tools and product portfolio enable over 100,000 customers to create designs across the ...
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 ...
Shares of STMicroelectronics (NYSE:STM) fell about 8% premarket on Thursday after the company's first quarter outlook was ...
STMicroelectronics reported Q4 net revenues of $3.32B, beating analyst estimates. EPS of $0.37 missed expectations. Net ...
Q4 2024 net revenues of $3.32 billion were in line with the midpoint of guidance, driven by growth in Personal Electronics but offset by declines in Industrial and Automotive. Gross margin was 37.7%, ...
STMicroelectronics , one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first ...
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.