STMicroelectronics STM shares have plunged 50.2% in 2024 against the Zacks Semiconductor-General industry and the Zacks Computer & Technology sector’s return of 119% and 30.4%, respectively.

The group said up to 2,800 employees would leave the company, mainly in 2026 and 2027. STMicroelectronics employed 49,602 people at the end of 2024, according to its latest financial report.

STMicroelectronics said it was too early to give a guidance for the full year 2025 after it warned on Thursday that sales would fall further in the first quarter, as the downturn seen in its key ...

STMicroelectronics shares jumped 10% in Paris as investors welcomed Chery’s remarks that appetite for semiconductors is improving after months of lackluster sales, particularly for chips used in ...

STMicroelectronics faces significant challenges in FY 2024 but is expected to return to growth in H2 FY 2025. Read why STM stock has a big upside potential.

Franco-Italian chipmaker STMicroelectronics is considering reducing its workforce by up to 3,000 employees in France and Italy, Bloomberg reported citing sources. This move is said to be part of a ...

STMicroelectronics will release Q2 2024 earnings with expected net revenues of $3.2 billion and a gross margin around 40%, a YoY decrease of 7.8%. Read more here.

STMicroelectronics to Cut Up to 2,800 Jobs. STMicroelectronics to Cut Up to 2,800 Jobs Provided by Dow Jones Apr 10, 2025, 12:57:00 PM. By Nina Kienle .