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 ...
Barclays has recently reduced STMicroelectronics NV (STM) stock to Underweight rating, as announced on January 22, 2025, according to Finviz. Earlier, on January 13, 2025, TD Cowen had reduced the ...
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.