STMicroelectronics NV (NYSE:STM) shares tumbled ~12–15% after a Q2 miss and softer automotive/industrial demand, even as the company raised AI revenue targets for 2026–27, struck a supply deal with Amazon, saw Susquehanna stay positive, and repurchased shares to cover awards.Previous Week RecapThis…
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STMicroelectronics (STM, Financials), the semiconductor company that serves automotive, industrial and consumer markets, fell about 12% in premarket trading after its revenue outlook for the third quarter missed Wall Street expectations.The company forecast third-quarter revenue of about $3.70 bill…
STM guided stronger H2, forecasting Q4 2026 revenue above $4.0B and H2 growth above seasonality. 2026 AI datacenter revenue target raised above $1.0B; AI could exceed $2.0B in 2027
STMicroelectronics announces status ofcommon share repurchase programDisclosure of Transactions in Own Shares – Period from July 06, 2026 to July 10, 2026AMSTERDAM – July 13, 2026 -- STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers acr…
By Tharuniyaa Lakshmi and Johann M CherianEuropean shares were flat on Tuesday as gains in consumer-related stocks offset a selloff in AI-linked technology stocks, while investors watched a NATO summit in Turkey for signs of higher defence spending.The pan-European STOXX 600 index TVC:SXXP was up 0…
STMicroelectronics N.V. STM is currently trading at a premium valuation that may prompt investors to question whether the stock still offers upside. The company has a forward 12-month price-to-earnings (P/E) ratio of 33.49, well above the industry average of 22.33, reflecting elevated growth expect…
