STMicroelectronics Sees Slowing Sales and Profit Growth

STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to weigh on growth.

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STMicroelectronics Sees Slowing Sales and Profit Growth

Topics

Related

Lonza Sees Accelerating Sales Growth in Final Quarter

L’Oréal sales disappoint due to weak Chinese demand

Nvidia’s Blackwell AI Chips in Focus as Sales Growth Slows

Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar

Dexcom shares fall on slow revenue growth

Uber shares slide on slowing bookings growth

UK house price growth slowed ahead of Budget

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