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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...
European shares flat as defence gains combat tech lossesEuropean shares were flat on Tuesday as defence stocks climbed, offsetting declines in technology stocks that came on the back of worries o...
European shares open flat as tech losses offset mining, energy gainsEuropean shares were flat at the open on Monday as losses in tech stocks offset gains in resources-linked shares, while the focus remains o...
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. ...
ISMC's India chip plan stalls after Tower-Intel deal in setback to ModiIndia's ambitious plans to become a competitive player in the semiconductor market face setbacks, with the proposed $3bn facility by Israel...
Vedanta-Foxconn Semiconductors makes another senior hire to further chip making ambitionsThe company said that in this role, Mike Young will oversee the seamless execution of manufacturing and operational processes as VFSL looks...
TCS reports weaker than expected Q4 numbers; PhonePe chalks up another $100m from GA, more expectedTata Consultancy Services (TCS) said its net profit for the final quarter of fiscal 2023 rose 15% on-year, but India’s largest software exp...
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...
Hawkish Fed, bruising global sell-off topple European sharesFollowing the Federal Open Market Committee meeting, Powell said the U.S. central bank is likely to hike interest rates in March and reaffi...
Ferrari taps European chip-maker executive as new CEOVigna, 52, will join Ferrari in September from Geneva-based STMicroelectronics, where he has worked for 26 years, most recently running the...
Tech tremors drive European stocks down to three-week lowThe tech sector sank as much as 1.7 per cent, hitting its lowest level since Feb 28 2017.
- ST Micro to shut tho cut cost
STMicroelectronics announced that as part of its decision to deconsolidate its Flash memory businesclose down three of its manufacturing op...
- STMicro, Intel to form new co for flash chips
STMicroelectronics and Intel plan to combine their unprofitable flash-memory businesses into a new company, creating the world’s largest ma...
- Microsoft, Adobe chiefs to come calling
India seems all set to play host to the next round of high-profile trips with Microsoft CEO Steve Ballmer likely to visit the country in No...