STMicroelectronics is planning temporary closures of multiple fabs as inventory and weak markets hit its 2024 results.

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 ...

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 ...

Europe's benchmark index was trading around record highs on Thursday, led by real estate and technology stocks, after the ...

In terms of operating expenses (selling, general, and administrative expenses, and research and development), ...

STMicroelectronics reported Q4 net revenues of $3.32B, beating analyst estimates. EPS of $0.37 missed expectations. Net ...

CEO Jean-Marc Chery shared that Q4 2024 net revenues reached $3.32 billion, a sequential growth of 2.2% but a year-over-year decline of 22.4%. Gross margin stood at 37.7%, and net income was $341 ...

The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for legacy semiconductors remains subdued.

STMicroelectronics , one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first ...