STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

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STMicroelectronics Cuts Outlook Again on Continued Weak Demand

Topics

Related

Smith & Nephew cuts outlook on China weakness

Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks

Federal Reserve to Cut Rates Again Despite Unclear Post-Election Outlook

L’Oréal sales disappoint due to weak Chinese demand

Siemens Energy Lifts Outlook on Power Demand Boom

With Oil Prices Weak, OPEC Plus Postpones Increases Again

Instacart’s weak outlook for the end of the year drags the stock lower

Imperial Brands Upbeat on Outlook as Alternatives Continue to Grow

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