STM.PA - STMicroelectronics N.V.

Paris - Paris Delayed price. Currency in EUR
24.41
-0.40 (-1.61%)
At close: 5:38PM CET
Stock chart is not supported by your current browser
Previous close24.81
Open23.44
Bid0.00 x 0
Ask0.00 x 0
Day's range23.33 - 24.41
52-week range12.72 - 29.44
Volume8,203,939
Avg. volume3,111,999
Market cap21.712B
Beta (5Y monthly)1.22
PE ratio (TTM)21.41
EPS (TTM)1.14
Earnings date21 Jul 2015 - 27 Jul 2015
Forward dividend & yield0.21 (0.86%)
Ex-dividend date16 Mar 2020
1y target est20.94
  • Is STMicroelectronics N.V. (STM) Stock Outpacing Its Computer and Technology Peers This Year?
    Zacks

    Is STMicroelectronics N.V. (STM) Stock Outpacing Its Computer and Technology Peers This Year?

    Is (STM) Outperforming Other Computer and Technology Stocks This Year?

  • Why STMicroelectronics (STM) Stock Might be a Great Pick
    Zacks

    Why STMicroelectronics (STM) Stock Might be a Great Pick

    STMicroelectronics (STM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • Did STMicroelectronics N.V. (EPA:STM) Use Debt To Deliver Its ROE Of 15%?
    Simply Wall St.

    Did STMicroelectronics N.V. (EPA:STM) Use Debt To Deliver Its ROE Of 15%?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • Tech Investors Jolted by Apple Pin Hopes on a Fast Turnaround
    Bloomberg

    Tech Investors Jolted by Apple Pin Hopes on a Fast Turnaround

    (Bloomberg) -- Tech stock futures fell as traders worked to price in the impact of a revenue shortfall at a company responsible for more than a tenth of the S&P 500’s gain over the last year.While Apple Inc. described the impact of the coronavirus on its sales as “temporary,” slips among big tech companies sit uneasily with investors who have watched many stocks soar 50% or more over the past 12 months. The iPhone maker has a 12% weighting in the Nasdaq 100 Index, which closed last week at 29.4 times annual earnings, the highest in a decade.“This will be an important test,” said Jason Browne, president of Alexis Investment Partners. “Obviously, Apple is a huge weight in major indexes, and one of the most loved companies by investors. That may help as it has generally been better to buy Apple on setbacks than to sell, especially if the market expects the disruption to be temporary.”March contracts on the S&P 500 fell 0.4% as of 8:06 a.m. in London. Futures on the Nasdaq 100 lost 0.9%. Exchange trading of individual U.S. shares has been closed since Friday for the Presidents’ Day holiday. Both the tech-heavy Nasdaq and Apple itself are already up more than 10% in 2020, after an 86% rally in Apple last year pushed the gauge to its best performance since 2009.In a Monday release, Apple said it doesn’t expect to meet its revenue guidance for the March quarter due to work slowdowns and lower demand caused by the outbreak of novel coronavirus in China. The company had forecast revenue of $63 billion to $67 billion for the fiscal second quarter ending in March. Analysts on average estimated $65.23 billion.Equity traders face a difficult task in determining how much of the weakness is specific to Apple and whether to project the shortfall on the broader market. The company has always been likely to fare worse, given how much of its supply chain and consumer market are in China. At the same time, the sales warning is one of the most tangible examples of impact on a U.S. company and Apple’s size makes it capable of swaying indexes by itself.“My gut says I think the market probably expects this to some extent, and we know this market tends to look through things pretty well,” said Nathan Thooft, Manulife Asset Management’s head of global asset allocation. “People had anticipation that some of these companies would be affected by what was going on there and they certainly knew there were closures and supply chain issues.”While no rally is straight up, the one that has swollen Apple’s market value by as much as $545 billion since early August comes close, with only three down weeks in 21. The iPhone maker received 18% of its revenue from China in fiscal year 2019, data compiled by Bloomberg show, enough to keep analysts worried about the longer-term consequences of the outbreak.Apple’s news will have ramifications for a long list of semiconductors and other suppliers around the world. Its announcement came hours after Dow Jones reported that President Trump’s administration is considering new trade restrictions that would limit the use of U.S. equipment to produce chips for China’s Huawei Technologies Co.European equities opened lower on Tuesday, led by technology shares as the Stoxx 600 Technology Index fell as much as 1.6%. Semiconductor stocks tumbled, with ASML Holding NV falling 2.3%, STMicroelectronics NV dropping 2.6% and Infineon Technologies AG retreating 2.3%.“Of all the big companies exposed to China, this announcement seemed the most inevitable,” Michael Antonelli, managing director and market strategist at Robert W. Baird & Co, said by email. “What will this do to the market? It will remind investors that the risks surrounding the coronavirus are still unknown and unquantifiable. There will likely be an increase in volatility this week.”Apple’s most famous profit warning came in November 2018 amid the U.S. stock market’s worst stretch since the financial crisis. Its shares tumbled 7.1% on Nov. 2, 2018, after Apple reported stagnant iPhone sales and forecast revenue for the holiday quarter that fell short of Wall Street expectations at the midpoint. The Nasdaq 100 lost 1.5% that day.“We’ve been getting nothing but headlines about the virus for weeks. Starbucks is closing its stores, Caterpillar is shutting its facilities. Company after company has been saying this,” Jim Paulsen, chief investment strategist at Leuthold Group, said by phone. “We have been expecting bad sales headlines, this isn’t good, but it’s not surprising.”To contact the reporters on this story: Sarah Ponczek in New York at sponczek2@bloomberg.net;Elena Popina in New York at epopina@bloomberg.net;Catherine Larkin in Chicago at clarkin4@bloomberg.netTo contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Chris NagiFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • 3 Reasons Why STMicroelectronics (STM) Is a Great Growth Stock
    Zacks

    3 Reasons Why STMicroelectronics (STM) Is a Great Growth Stock

    STMicroelectronics (STM) could produce exceptional returns because of its solid growth attributes.

  • Evaluating STMicroelectronics N.V.’s (EPA:STM) Investments In Its Business
    Simply Wall St.

    Evaluating STMicroelectronics N.V.’s (EPA:STM) Investments In Its Business

    Today we'll look at STMicroelectronics N.V. (EPA:STM) and reflect on its potential as an investment. In particular...

  • Reuters

    STMicro CEO says a Huawei ban would not threaten $12 billion revenue target

    Debates are raging in France, Germany and Britain as to whether to grant China's Huawei , one of STMicro's top 10 clients globally, the right to sell its telecoms equipment for use in 5G mobile Internet infrastructure, following calls by U.S. authorities for a complete ban over fears China could use the equipment for spying. STMicro, whose controlling shareholders are France and Germany, is able to shift manufacturing from China to countries like Morocco and Malaysia, if the trade relationship between China and the United States deteriorates further, Chery said.

  • iPhone Hits Double-Digit Growth in China, Official Data Show
    Bloomberg

    iPhone Hits Double-Digit Growth in China, Official Data Show

    (Bloomberg) -- Apple Inc. bagged a significant smartphone shipment jump in China last month as the world’s largest consumer electronics market heads into its holiday season, official data indicate.The iPhone maker’s shipments in China grew 18.7% year on year in December to roughly 3.18 million units, according to Bloomberg calculations based on government data on overall and Android device shipments. The increase marked an acceleration from the prior months, which were buoyed by the iPhone 11’s release in September. The numbers come from the China Academy of Information and Communication Technology, a government think tank.Shares in Apple suppliers AMS AG, Infineon Technologies AG, STMicroelectronics NV and Dialog Semiconductor Plc climbed in early European trade, buoyed by an overall tech-sector rally. The improvement in December iPhone sales in China despite a lack of 5G readiness was “quite positive” for Apple and its suppliers, analysts at Oddo wrote in a note Thursday.Read more: Tech Stocks Reclaim June 2001 Highs as Apple Suppliers RallyApple made major strides in increasing battery life in its iPhone 11 and 11 Pro devices while lowering the starting price by $50. After years of stagnation in cameras, the company also overhauled the iPhone’s image quality in 2019, catching up to category leaders Google and Huawei Technologies Co. This approach drew an overwhelmingly positive reception from critics.The latest data affirms expectations that the iPhone 11 is selling more strongly than its predecessor, particularly in a market that’s second only to the U.S. in its importance to Apple’s bottom line. The surge in shipments gives reason for optimism around Apple’s smartphone sales in the buildup to the Chinese New Year, which falls in late January. China’s overall smartphone shipments in December fell short of 30 million units, a 13.7% decrease compared to the same period in 2018, according to CAICT.Still, the Cupertino, California-based company is fighting an uphill battle against a group of local vendors led by Huawei, which gained a dominant position in 2019 despite facing sanctions and struggles abroad. As the year progresses, Apple’s lack of 5G-enabled devices and inability to get its full range of online services past Chinese censors will make sustaining this initial shipment improvement an uncertain task.(Updates with shares from the third paragraph)To contact Bloomberg News staff for this story: Gao Yuan in Beijing at ygao199@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad Savov, Colum MurphyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    Trump’s China Tech Spat Is About Taking 5G Lead, French CEO Says

    (Bloomberg) -- For Paul Boudre, U.S. President Donald Trump’s push against Chinese telecommunications companies is less about espionage than the race for technological supremacy.Boudre, the chief executive officer of Soitec, a French maker of semiconductor materials that go into 5G equipment, automobiles, cloud computing and IT infrastructure, says Trump’s actions are aimed primarily at allowing American firms to catch up.“Trump’s kick in the pants for companies is to wake them up and to catch up,” Boudre said in an interview Tuesday in Paris. “Trump is the emissary saying that if nothing is done, we’ll be blown away. That’s why he’s been trying to put a brake on the advances that China has made.”With the “everything-connected” era well under way, the race for a technological edge is intensifying. Trump has repeated railed against China and its companies, including Huawei Technologies Co., citing industrial espionage and intellectual property theft. He has limited their access to the U.S. market and to American suppliers, while also pressing allies from Japan to The Netherlands to review policies toward the Asian giant.The executive push and the infrastructure policy are driving U.S. companies like Cisco, Qorvo Inc., Skyworks Solutions to accelerate their research, a move that could allow American players to get new 5G technologies rolling out potentially in 2021, Boudre said.“Technology has become political today,” he said.Supply ChainsThe U.S. pushed to block the sale of chip manufacturer ASML’s technology to China by sharing a classified intelligence report with the Dutch government, Reuters reported on Monday, citing unidentified people familiar with the matter.Soitec, which has factories and licenses for producing the substrate for handsets and infrastructure in France, Singapore and China, can provide “China Free” material if requested, Boudre said, adding that no such demands have been made by its clients.“What’s happened with Trump is a modification of supply chains,” he said. “Huawei won’t rely exclusively anymore on Qorvo, Skyworks, Qualcomm, because there is a risk. So they’ve developed relations with Murata, STMicro and others.”Developments in the U.S. 5G market this year and next will be a test of whether Trump’s policies were fruitful, Boudre said.“Clearly, two technologies are now being implemented,” with China’s 5G building on 4G, while the U.S.’s 5G that’s more of a new development called “millimeter wave.” The U.S. technology may hit the broad market in 2021, Boudre said, with Cisco driving the innovation. Qualcomm’s modem chip using millimeter wave technology is likely to hit the market in 2020.Soitec RisingWhile Trump’s moves have roiled trade and supply chains for companies building 5G and other technologies, Soitec has been spared, the executive said.The company, whose material goes into almost every smartphone in the world, plans to double sales in the next three years, reaching $1 billion in its fiscal year 2022, and sees revenue tripling in the next five years or so.Founded in the early 1990s in the French Alps, Soitec, which now employs 1,500 people, sits at the heart of the revolution that’s made possible everything from mobile phones, personal assistants like Amazon.com Inc.’s Alexa and Google’s Nest, to 5G antennas and connected devices in cars.In the automotive sector, where Europe has an edge, Soitec is working with Robert Bosch GmbH, Audi AG, STMicroelectronics NV and others to define future components, Boudre said. In artificial intelligence, he sees a shift of computing power from the cloud to devices lifting demand for Soitec’s materials, which allow chipmakers to combine computing, memory and connectivity on a single chip.The extent of all that growth will be evident when the company discusses its long-term plans in June, Boudre said.Soitec’s stock rose 85% in 2019, making it among the top 10 performers of the benchmark SBF120 index.\--With assistance from Caroline Connan and Francine Lacqua.To contact the reporters on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net;Rudy Ruitenberg in Paris at rruitenberg@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Vidya RootFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Here's Why STMicroelectronics (EPA:STM) Can Manage Its Debt Responsibly
    Simply Wall St.

    Here's Why STMicroelectronics (EPA:STM) Can Manage Its Debt Responsibly

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • Investing.com

    StockBeat: Bayer, NMC Rouse Themselves Above the Holiday Torpor

    Investing.com -- Europe’s stock markets were happy to drift into the holiday season on Monday, largely shrugging off news over the weekend that China would cut tariffs on hundreds of kinds of imported goods in what analysts saw as a preliminary to signing a preliminary trade deal with the U.S. in the New Year.

  • Here's What STMicroelectronics N.V.'s (EPA:STM) P/E Ratio Is Telling Us
    Simply Wall St.

    Here's What STMicroelectronics N.V.'s (EPA:STM) P/E Ratio Is Telling Us

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at...

  • Texas Instruments Sinks as Customers Cut Orders on Trade Woe
    Bloomberg

    Texas Instruments Sinks as Customers Cut Orders on Trade Woe

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Texas Instruments Inc. shares plunged the most in almost 11 years after the chipmaker gave a weaker-than-expected forecast and warned that trade tension is making customers far more cautious. The report spurred a sell off in semiconductor stocks.Investors have poured money into chip stocks this year, betting on a rebound in demand. That hasn’t happened as a U.S.-China trade war drags on, undermining economic growth. Texas Instruments, the first big semiconductor maker to report in this earnings cycle, has products in almost all markets that use electronic components, making its predictions a broad indicator.The company said most of its markets deteriorated in the quarter, with automotive and communications-equipment demand among the weakest. Companies are cutting back on orders as they wait for China and the U.S. to reach a definitive trade agreement, Chief Financial Officer Rafael Lizardi said.“Macro is weak because of trade tensions,” Lizardi added in an interview on Tuesday. “When that happens, companies pull back.”Texas Instruments shares dropped as much as 13% Wednesday. They were down 8.7% to $117.35 at 9:40 a.m. in New York. European peers also declined. STMicroelectronics NV and Infineon Technologies AG declined as much as 4.9% and 4.2% respectively before 11:30 a.m. in central Europe.Texas Instruments has more than 100,000 customers and a similar number of products, so a drop in orders signifies a weaker economy, not a loss of market share, the CFO also said.Fourth-quarter earnings will be 91 cents a share to $1.09 a share on revenue of $3.07 billion to $3.33 billion, the Dallas-based company said in a statement. On average, analysts predicted profit of $1.28 a share and sales of $3.59 billion, according to data compiled by Bloomberg. At the mid-point, Texas Instruments’ projections represents a 14% decline in revenue from a year earlier.The company had said sales declines this year were the result of torrid growth in 2018 when customers accumulated inventory they’re now working through. A normal pattern would result in five quarterly declines before the backlog is cleared. The quarterly results reported on Tuesday marked the fourth period of contraction, so Wall Street was looking for signs of improvement. That made the warning from Texas Instruments particularly disappointing.“It’s more concerning for the global growth outlook going forward,” said Logan Purk, an analyst at Edward D. Jones & Co. “It’s not good for the rest of the semiconductor space or markets in general.”The world’s sixth-largest chipmaker reported third-quarter net income fell to $1.43 billion, or $1.49 per share, from $1.57 billion, or $1.58 a share, in the same period a year earlier. Revenue dropped 11% to $3.77 billion. Analysts had estimated a profit of $1.42 a share on sales of $3.81 billion.The company gets the biggest portions of its revenue from the industrial and automotive markets where its chips provide key basic functionality such as power regulation and the translation of real-word experiences like sound and pressure into electronic signals. It’s a major supplier of parts for communications equipment such as mobile phone network base stations. Demand for that kind of chip dropped 20%, the company said.(Updates with share trading in fifth paragraph.)To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Jennifer RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • What Kind Of Shareholders Own STMicroelectronics N.V. (EPA:STM)?
    Simply Wall St.

    What Kind Of Shareholders Own STMicroelectronics N.V. (EPA:STM)?

    Every investor in STMicroelectronics N.V. (EPA:STM) should be aware of the most powerful shareholder groups. Generally...

  • What To Know Before Buying STMicroelectronics N.V. (EPA:STM) For Its Dividend
    Simply Wall St.

    What To Know Before Buying STMicroelectronics N.V. (EPA:STM) For Its Dividend

    Could STMicroelectronics N.V. (EPA:STM) be an attractive dividend share to own for the long haul? Investors are often...

  • Globe Newswire

    STMicroelectronics: STMicroelectronics Announces Status of Common Share Repurchase Program

    PR N°C2918CSTMicroelectronics Announces Status of Common Share Repurchase ProgramDisclosure of Transactions in Own Shares – Period from Sep 23, 2019 to Sep 27, 2019AMSTERDAM – September 30, 2019 \-- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between September 23, 2019 to September 27, 2019 (the “Period”), of 139,928 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 17.4275 and for an overall price of EUR  2,438,597.50.Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.Transactions in PeriodDates of transactionNumber of share purchasedWeighted average purchase price per share (EUR)Total amount paid (EUR)Market on which the shares were bought (MIC code) Sep 23, 2019 53,454 17.4803 934,393.56XPAR Sep 24, 2019 45,675 17.6070 804,199.54XPAR Sep 25, 2019 40,799 17.1574 700,004.40XPAR Total for Period 139,928 17.4275 2,438,597.50  Following the share buybacks detailed above, the Company holds in total 18,585,862 treasury shares, which represents approximately 2.0% of the Company’s issued share capital.In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website  (https://investors.st.com/buyback-program).About STMicroelectronicsST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented.In 2018, the Company’s net revenues were $9.66 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.For further information, please contact: INVESTOR RELATIONS: Céline Berthier Group VP, Investor Relations Tel : +41.22.929.58.12 celine.berthier@st.comMEDIA RELATIONS: Alexis Breton           Corporate External Communications Tel: + 33 6 59 16 79 08 alexis.breton@st.comAttachment * ST - Disclosure of transactions in Own shares-30sep19_FINAL FOR PUBLICATION

  • Globe Newswire

    STMicroelectronics Announces Status of Common Share Repurchase Program

    PR N°C2917C STMicroelectronics Announces Status of Common Share Repurchase ProgramDisclosure of Transactions in Own Shares – Period from Sep 16, 2019 to Sep 20, 2019AMSTERDAM – September 23, 2019 \-- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between September 16, 2019 to September 20, 2019 (the “Period”), of 75,811 ordinary shares (equal to 0.01% of its issued share capital) at the weighted average purchase price per share of EUR 18.0853 and for an overall price of EUR  1,371,066.27.Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.Transactions in PeriodDates of transactionNumber of share purchasedWeighted average purchase price per share (EUR)Total amount paid (EUR)Market on which the shares were bought (MIC code) Sep 18, 2019 75,811 18.0853 1,371,066.27XPAR Total for Period75,81118.08531,371,066.27  Following the share buybacks detailed above, the Company holds in total 18,445,934  treasury shares, which represents approximately 2.0% of the Company’s issued share capital.In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website  (https://investors.st.com/buyback-program).About STMicroelectronicsST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented.In 2018, the Company’s net revenues were $9.66 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.For further information, please contact: INVESTOR RELATIONS: Céline Berthier Group VP, Investor Relations Tel : +41.22.929.58.12 celine.berthier@st.comMEDIA RELATIONS: Alexis Breton           Corporate External Communications Tel: + 33 6 59 16 79 08 alexis.breton@st.comAttachment * C2917C -- ST Disclosure of transactions in Own shares-23sep19

  • Is It Time To Consider Buying STMicroelectronics N.V. (EPA:STM)?
    Simply Wall St.

    Is It Time To Consider Buying STMicroelectronics N.V. (EPA:STM)?

    STMicroelectronics N.V. (EPA:STM) led the ENXTPA gainers with a relatively large price hike in the past couple of...

  • Is STMicroelectronics's (EPA:STM) Share Price Gain Of 144% Well Earned?
    Simply Wall St.

    Is STMicroelectronics's (EPA:STM) Share Price Gain Of 144% Well Earned?

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...

  • An Examination Of STMicroelectronics N.V. (EPA:STM)
    Simply Wall St.

    An Examination Of STMicroelectronics N.V. (EPA:STM)

    I've been keeping an eye on STMicroelectronics N.V. (EPA:STM) because I'm attracted to its fundamentals. Looking at...

  • Is Now The Time To Put STMicroelectronics (EPA:STM) On Your Watchlist?
    Simply Wall St.

    Is Now The Time To Put STMicroelectronics (EPA:STM) On Your Watchlist?

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

  • STMicro lowers full-year sales guidance as chip market remains volatile
    Reuters

    STMicro lowers full-year sales guidance as chip market remains volatile

    Franco-Italian chipmaker STMicroelectronics lowered its full-year sales guidance on Thursday in spite of improved activity in the second-quarter, signaling how the sector remains volatile given trade tensions between the United States and China. STMicro said it was now forecasting full-year net revenue in the range of $9.35-$9.65 billion, down from an earlier target presented in May of $9.45-$9.85 billion. The Geneva-based group managed to grow, as expected, its second-quarter net revenue from the previous one, posting an increase of 4.7% growth to $2.17 billion.

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