STMicro sees better quarterly sales after bottom-of-year first quarter

April 24, 2025

, By The Economic Times

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/stmicroelectronics” target=”_blank”>STMicroelectronics forecast improving sales for the second quarter on Thursday after its first-quarter result, which the chipmaker called the bottom point of the year, met its earlier expectations.

The company’s shares rose as much as 4% in early trading to the top of France’s main index CAC 40.

Chipmakers exposed to the automotive and industrial markets, like STMicro, NXP and Siltronic, have faced a multi-year long slump in sales. That led STMicro’s operating income to collapse 99.5% year-on-year in the first quarter.

One of Europe’s largest…

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STMicro sees better quarterly sales after bottom-of-year first quarter

April 24, 2025

, Published By The Economic Times

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/stmicroelectronics” target=”_blank”>STMicroelectronics forecast improving sales for the second quarter on Thursday after its first-quarter result, which the chipmaker called the bottom point of the year, met its earlier expectations.

The company’s shares rose as much as 4% in early trading to the top of France’s main index CAC 40.

Chipmakers exposed to the automotive and industrial markets, like STMicro, NXP and Siltronic, have faced a multi-year long slump in sales. That led STMicro’s operating income to collapse 99.5% year-on-year in the first quarter.

One of Europe’s largest…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

AI Security Agents Combat AI-Generated Code Risks

Next News

Should we start taking the welfare of AI seriously?

The Economic Times

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