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CHIPMAKER STMICROELECTRONICS
AI fever spreads, but are markets masking economic cracks?Investors are pouring money into Artificial Intelligence, even as economic worries grow. SpaceX's massive IPO signals strong AI interest. C...- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian benchmark indices ended higher after a volatile session, with late buying in heavyweight IT stocks lifting sentiment. Sensex gained ...
- South Korea, Taiwan leapfrog India, but the race was lost decades agoSouth Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems fr...
- STMicro lifts data centre revenue goals on AI demand, shares hit 25-year highThe Franco-Italian chipmaker's shares rose as much as 10% to €65.21 per share, their highest since September 2000. They were up 8.4% as o...
- Global Markets: European stocks rise as STMicroelectronics' forecasts lift tech stocksEuropean shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors awa...
- Europe lacks everything needed to make its stock market a winnerEuropean stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a glob...
- Ahead of Market: 10 things that will decide stock market action on FridayBSE Sensex and Nifty 50 extended gains for a second session, led by banking, metal and pharma stocks despite IT weakness. Analysts flagged ...
- Chipmakers in Malaysia monitoring risks from helium supply disruptions, association saysHelium prices have risen sharply due to the disruption of natural gas processing in Qatar by the U.S.-Israel war against Iran. Helium - c...
- 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 ...
- 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. ...
- Vedanta to enter the chip market this year after Foxconn splitIn an address to the shareholders, Agarwal said Vedanta will "this year, subject to government approval" begin its foray to setup its semic...
- 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's chip making ambitions have hit a speed bumpDeal stalled over technology transfer, duration of partnership and investment issues
- Foxconn, Vedanta plan tech tie-up with STM for India semiconductor manufacturing unitFoxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...
- 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...
- Chipmakers drag European equities lower ahead of inflation dataDutch semiconductor equipment maker ASML, Franco-Italian chipmaker STMicroelectronics and German chipmaker Infineon fell between 3.1% and 4...
- European stocks set for strong week, Germany's DAX hits record highThe pan-European STOXX 600 index rose 0.7% by 0810 GMT and was on track for a more than 3% weekly gain, with hopes of more U.S. stimulus bo...
- IBM and STMicroelectronics look to invest Rs 50,000 cr in chip-making in IndiaIndia is set to get its first chip-making facility with the two global players in advanced stages of talks with the govt for an investment ...
- ST-Ericsson to lay off 600 staff worldwideST-Ericsson plans to cut around 600 jobs worldwide as part of a move.
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