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Europeans down; Istat forecasts GDP to rise

Mid-day Tuesday, major European stock exchanges continued to move into negative territory, with the release of construction PMIs identifying a month of further contraction in May in the major. | June 6, 2023

GlobalFoundries and STMicroelectronics finalize agreement for new 300mm semiconductor manufacturing facility in France

GlobalFoundries and STMicroelectronics finalize agreementfor new 300mm semiconductor manufacturing facility in France Paris, June 5, 2023 – GlobalFoundries Inc. , a global leader in. | June 5, 2023

STMicroelectronics N V : No turn-around in sight

The underlying tendency is to the upside for shares in STMicroelectronics N.V. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. | May 19, 2023

STMicroelectronics : EPS upgrade (2022: +32 9%, 2023: +20 5%)

EPS CHANGECHANGE IN EPS2023 : $ 4.53 vs 3.76 +20.5%2024 : $ 5.01 vs 4.55 +10.1%We have updated our model with the actual FY22 and Q1 23 figures which were above our expectations due to the strong. | May 17, 2023

STMICRO : Goldman Sachs reaffirms its Sell rating

In his latest research note, analyst Alexander Duval confirms his negative recommendation. The broker Goldman Sachs is keeping its Sell rating. The target price remains unchanged at EUR 33. | May 16, 2023

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