Franco-Italian chipmaker plans to reduce workforce by up to 3,000, nearly 6%, through early retirements and attrition.

STMicroelectronics faces challenges with poor financial performance and declining competitiveness. Click here to find out why ...

STMicroelectronics is considering downsizing its workforce by up to 6% in Italy and France, while reporting Q4 revenues of $3 ...

Q4 2024 Management View CEO Jean-Marc Chery shared that Q4 2024 net revenues reached $3.32 billion, a sequential growth of ...

BofA downgraded STMicroelectronics' (STM) stock to Neutral from Buy and cut the price target to $24 from $30 citing relative ...

According to a report from Bloomberg, a joint project between GlobalFoundries and STMicroelectronics in France has stalled. Originally finalized in June of 2023, the fab has been slow to progress and ...

Shares of STMicroelectronics (NYSE:STM) fell about 8% premarket on Thursday after the company's first quarter outlook was seen below estimates, despite a fourth quarter beat. Outlook: The ...

A significant setback lies in the EUR5.7 billion joint wafer fab venture between STMicroelectronics and GlobalFoundries (GF) in France. Announced during the 2022 "Choose France" summit with ...

C3309C STMicroelectronics Reports Q4 and FY 2024 Financial ResultsQ4 net revenues $3.32 billion; gross margin 37.7%; operating margin ...

By Nathan Vifflin and Leo Marchandon (Reuters) -STMicroelectronics said it was too early to give a guidance for the full year 2025 after it warned on Thursday that sales would fall further in the ...

In a report released yesterday, Joshua Buchalter from TD Cowen downgraded STMicroelectronics (STM – Research Report) to a Hold, with a price target of $25.00. Discover outperforming stocks and ...