Page 169 - Stmicroelectronics News Today

By Mauro Orru Shares of STMicroelectronics NV slumped in Thursday morning trading even though the European chip maker posted first-quarter revenue ahead of analysts forecasts, and following... | April 27, 2023

Bad news from the industry have again burdened chip stocks on Thursday. A disappointing outlook from STMicroelectronics clouded the mood, after Texas Instruments had already caused long faces on the... | April 27, 2023

Samsung Electronics first-quarter profit fell 87% from a year earlier but it expects a second-half recovery in demand for semiconductors.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

STMicroelectronics (NYSE:STM – Get Rating)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $46.28, but opened at $42.71. STMicroelectronics shares last traded at $41.96, with a volume of 3,415,806 shares changing hands. Wall Street Analysts Forecast Growth STM has been the topic of several research reports. Sanford […]

European exchanges finished higher Thursday, with trading rooms weighing a series of weaker-than-expected data from the United States that could encourage Fed officials to take a less aggressive... | April 27, 2023

Shares of Atomera Incorporated (ATOM) are gaining over 23% on Thursday morning after the company reported its first-quarter results and also announced a commercial license deal with STMicroelectronics.

Stocks in Europe ended mixed on Thursday, though trade was more bullish in New York, on the back of positive results from Facebook owner Meta Platforms. The FTSE 100 index closed down 21.06 points,... | April 27, 2023

Ticker

STMicroelectronics (ST) has released its first-quarter 2023 financial results. According to the company, net revenue was US$4.15 billion, a 19.8% YoY increase, and gross margin was 49.7%. Net income also saw a 39.8% YoY increase to US$1.04 billion.