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2023-08-12 05:58:02 ET Summary ON Semiconductor is shifting its focus to the electric vehicle market, with a strong emphasis on silicon carbide chips. The company's financial performance has been solid, with significant growth in sales to automakers and a surge in silicon carbide ...
2023-08-07 07:23:07 ET Summary STMicroelectronics's net revenue increased by 12.7% YoY to $4.33bn in Q2 2023, exceeding consensus estimates of $4.27bn. STM expects a resilient Q3 thanks to the industrial and auto sectors. Higher operating leverage, cash-positive position, and ...
2023-08-05 10:36:46 ET Summary Infineon continues to report strong growth while meaningfully expanding margins and heavily investing in capacity expansion. The company's strong competitive positioning in the semiconductor industry, particularly in automotive and industrial segment...
2023-07-27 10:02:25 ET European semiconductor companies STMicroelectronics ( NYSE: STM ) and ASML Holding ( NASDAQ: ASML ) led the sector higher in early trading on Thursday as investors awaited results from industry giant Intel ( NASDAQ: INTC ) after the close of tr...
2023-07-27 08:42:09 ET STMicroelectronics N.V. (STM) Q2 2023 Earnings Call July 27, 2023 03:30 AM ET Company Participants Celine Berthier - Group Vice President, Head of Investor Relations Jean-Marc Chery - President and Chief Executive Officer Lorenzo Grandi - P...
2023-07-27 04:39:45 ET STMicroelectronics press release ( NYSE: STM ): Q2 GAAP EPS of $1.06 misses by $0.02 . Revenue of $4.33B (+12.8% Y/Y) beats by $40M . Net revenues totaled $4.33 billion, representing a year-over-year increase of 12.7%. On a year-over-year...
PR No: C3193C STMicroelectronics Reports 2023 Second Quarter Financial Results Q 2 net revenues $ 4.3 3 billion; gross margin 49.0 %; operating margin 26.5 % ; net income $ 1.00 b illion H1 net revenues $ ...
2023-07-26 12:31:22 ET STMicroelectronics ( NYSE: STM ) is scheduled to announce Q2 earnings results on Thursday, July 27th, before market open. The consensus EPS Estimate is $1.07 (+16.3% Y/Y) and the consensus Revenue Estimate is $4.29B (+11.7% Y/Y). Over the last 1 ...
2023-07-25 13:43:34 ET The $47B Chips Act that the European Union provisionally passed in April has received final approval from the European Council, paving the way for the 27-country bloc to compete with the U.S. and Asia in the semiconductor industry. "The Chips Act aims to ...
STMicroelectronics reveals innovative infrared (IR) sensor for presence and motion detection in building automation Highly integrated ultra-low power sensor with micromachined thermal transistors replaces conventional passive infrared detectors Geneva, Switzerland, ...
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STMicroelectronics Announces Timing for Second Quarter 2024 Earnings Release and Conference Call Geneva – July 4, 2024 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will ...