(Reuters) -French-Italian computer chip maker STMicroelectronics is considering cuts of up to 6% of its workforce or 3,000 ...
TD Cowen analyst Joshua Buchalter lowered the firm’s price target on STMicroelectronics (STM) to $23 from $25 and keeps a Hold rating on the ...
Susquehanna analyst Christopher Rolland lowered the firm’s price target on STMicroelectronics (STM) to $28 from $33 and keeps a Positive rating ...
The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for ...
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 ...
Brief hosts Seana Smith and Brad Smith are joined by Yahoo Finance senior reporter Alexandra Canal in reviewing several of ...
STMicroelectronics, one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first ...
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 NV shares plunged to the lowest level since 2020 after the Franco-Italian chipmaker forecast first-quarter revenue that missed analysts’ expectations due to weak demand in the ...
TotalEnergies has signed a 15-year physical power purchase agreement (PPA) to deliver 1.5 terawatt hours (TWh) of renewable ...
French oil major TotalEnergies has signed a 15-year deal with STMicroelectronics to supply 1.5 terawatt hours (TWh) of ...