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JEAN MARC CHERY
Chipmakers warn AI demand is creating bottlenecks in automotive supply chainNexperia says it is heavily oversubscribed as chipmakers redirect capacity towards higher-margin AI data-centre products, creating shortage...- STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billionSTMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and sate...
- STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
- STMicro has shipped 5 billion chips for Starlink in past decade; that could double by 2027STMicroelectronics has supplied over 5 billion radio-frequency antenna chips to SpaceX for its Starlink satellite network. The chipmaker an...
- STMicro sees better quarterly sales after bottom-of-year first quarterOne of Europe's largest chipmakers expects revenue of $2.71 billion in the second quarter, 16.2% lower than last year but above analysts' e...
- STMicroelectronics' supervisory board denies allegations of insider tradingThe statement came a day after Italy's economy minister Giancarlo Giorgetti accused STMicro's management of having sold shares it held a da...
- Italian top government official seen joining STMicroelectronics supervisory boardThe proposed nomination, which once formalised must be ratified by the STMicroelectronics supervisory board and by the shareholders in a ge...
- Bumpy ride: Auto industry stuck with excess semiconductor stock post-pandemicChip sales in the auto sector skid as the post-pandemic frenzy turns into an inventory glut. With tapering of sales and other expected chal...
- The lower the AI exposure, the bigger the problem for Europe's chip firmsChip component suppliers like ASML and ASM International are more exposed to the booming AI chip market and demand from high-end tech clien...
- STMicroelectronics cuts full-year outlook for second timeSTMicroelectronics, whose clients include Tesla and Apple, said it expects revenue of $13.2 billion to $13.7 billion for 2024, down from a ...
- STMicroelectronics CEO says China is a growth market despite US chip warSpeaking at a Citi technology conference in London, CEO Jean-Marc Chery said the company is not daunted by plans by Chinese chipmakers to i...
- STMicro sees Q1 sales well below estimates as auto chip demand softensThe company, whose clients include Tesla and Apple, expects first-quarter revenue of $3.6 billion, down from $4.25 billion a year earlier. ...
- Swiss chipmaker STMicro beats third quarter sales forecastsSTMicro said it expects fourth quarter sales to fall about 3% year on year to $4.30 billion. Demand from car makers has helped the semicond...
- STMicroelectronics posts higher Q2 sales helped by automotive demandSTM said it expects third-quarter net revenues of $4.38 billion, a touch above the $4.32 billion it posted in the third quarter last year. ...
- STMicro, GlobalFoundries to build French semiconductor plant -Le FigaroThis would help support a push from the European Commission to produce 20% of the world's microchips in Europe by 2030.
- STMicroelectronics and GlobalFoundries confirm major new France investmentSTMicroelectronics and GlobalFoundries said the new French site comprised a projected multi-billion euro collaborative investment that incl...
- Global chip drought hits Apple, BMW, Ford as crisis worsensThe shortfall of critically needed semiconductors has forced the entire auto industry to cut output, leaving thin inventories at dealership...
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