STMicroelectronics N.V. (STM)

STMicroelectronics has rebuffed a fresh Italian government attempt to appoint its candidate to the chipmaker's supervisory board, two sources familiar with the matter told Reuters on Wednesday.

STMicroelectronics will cut around 1,000 jobs in France, it said on Wednesday, representing more than a third of the 2,800 layoffs planned by its cost-cutting program, and 9% of its France headcount.

Q1 2025 results showed a 27.3% decline in sales, significant drops in key divisions, and a 89.1% plummet in net income. STMicroelectronics did not provide full-year 2025 revenue guidance, reflecting c...

Berenberg lowered the firm's price target on STMicroelectronics to EUR 25 from EUR 30 and keeps a Buy rating on the shares.

STMicroelectronics N.V. Q1 revenues fell 27.3% Y/Y, with gross margin at 33.4%, and net income plummeting 89% Y/Y, highlighting operational leverage issues. Despite some signs of recovery, including i...

Call Start: 03:30 January 1, 0000 4:30 AM ET STMicroelectronics N.V. (NYSE:STM ) Q1 2025 Earnings Conference Call April 24, 2025, 03:30 AM ET Company Participants Jerome Ramel - EVP Corporate Developm...

STMicroelectronics forecasted lower sales this quarter as weak demand for some semiconductors used in cars and industrial equipment continues to plague an industry that now faces heightened uncertaint...

STMicroelectronics reported first-quarter earnings in line with expectations on Thursday, calling it the bottom point for the year, as it sees a better second quarter.

The Tesla supplier said it was fully behind its leaders after an Italian government minister criticized management amid a board nomination feud.

Chipmaker STMicroelectronics moved on Thursday to reassure Italy of its commitment to the country as the Rome government puts pressure on the company's chief executive to quit.