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STMicroelectronics : Q2 23

EARNINGS/SALES RELEASESSTM published Q2 figures in line with the consensus. Net revenues were up by 13% yoy to $4.33bn, with a 49% gross margin. We were positively surprised by the Automotive and...

STMicroelectronics (NYSE:STM) PT Raised to $65.00 at TD Cowen

STMicroelectronics (NYSE:STM – Get Free Report) had its target price lifted by research analysts at TD Cowen from $56.00 to $65.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the semiconductor producer’s stock. TD Cowen’s target price indicates a potential upside of […]
Asia Pacific Digital Ics Group Dorsey Whitney Trust Belpointe Asset Management First Trust Direct Indexing Jefferies Financial Group

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Arm launches education initiative to address skill shortage in the semiconductor industry

Arm has recently unveiled the Semiconductor Education Alliance (SEA) initiative, a fresh approach to address the escalating skill gap affecting technology companies worldwide. The SEA aims to...
Taiwan Semiconductor Research Institute Helpful Incentives To Produce Semiconductors University Of Southampton Semiconductor Education Alliance Semiconductor Research Corporation Cornell University

STMicroelectronics (NYSE:STM) Short Interest Up 31.2% in July

STMicroelectronics (NYSE:STM – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 4,840,000 shares, an increase of 31.2% from the June 30th total of 3,690,000 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily […]
United States Asia Pacific Digital Ics Group Envestnet Asset Management Inc Marshall Wace Jefferies Financial Group

STMicroelectronics (NYSE:STM) Announces Quarterly Earnings Results, Misses Expectations By $0.04 EPS

STMicroelectronics (NYSE:STM – Get Free Report) released its quarterly earnings results on Thursday. The semiconductor producer reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.04), Briefing.com reports. STMicroelectronics had a net margin of 25.36% and a return on equity of 35.04%. The company had revenue of $4.33 billion […]
Nova Scotia United States Asia Pacific Digital Ics Group America Corp Blackrock Inc

STMicroelectronics (NYSE:STM) is Nia Impact Advisors LLC's 10th Largest Position

Nia Impact Advisors LLC decreased its holdings in STMicroelectronics (NYSE:STM – Free Report) by 8.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 111,748 shares of the semiconductor producer’s stock after selling 10,194 shares during the quarter. STMicroelectronics accounts for about 3.2% […]
Asia Pacific Jefferies Financial Group Digital Ics Group Wealth Management Family Investments Inc Cookson Peirce Co

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