STMicroelectronics said it was too early to give a guidance for the full year 2025 after it warned on Thursday that sales would fall further in the first quarter, as the downturn seen in its key markets drags on into the new year.

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, one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025, as the downturn seen in its key markets drags on into the new year.

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.