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STMicroelectronics Newsroom
Citi: Don't panic about the sharp decline in chip stocks, now is a good time to buy.
Citibank pointed out that although there has been a sharp decline in US chip stocks, this is mainly due to macroeconomic factors and high expectations. Semiconductors markets are still bullish, mainly because the demand for AI and storage markets remains strong. It is expected that DRAM prices will increase by 62% YoY in 2024, and Micron's performance guidance may be revised upward.
Top Gap Ups and Downs on Thursday: LLY, PH, MCK and More
Express News | Shares of Semiconductor and Chip Stocks Are Trading Higher Amid an Overall Market Rebound After Softer-than-expected Jobless Claims Possibly Alleviated Some US Economic Concerns
Top Gap Ups and Downs on Wednesday: NVO, SHOP, ABNB and More
IDC: The global semiconductor market for autos will exceed 88 billion US dollars by 2027.
IDC predicts that the global automotive semiconductor market will exceed $88 billion by 2027. As the value of single-car semiconductors continues to grow, the attention and importance of semiconductor companies in the automobile industry chain will further increase.
Top Gap Ups and Downs on Tuesday: UBER, ZTS, GSK and More
Top Gap Ups and Downs on Monday: K, MSTR, TSN and More
STMicroelectronics CEO Certifies Financial Integrity
STMicroelectronics Advances Share Buy-Back Program
6-K: Collection of Recent Announcements
STMicroelectronics N.V. (STM) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
Express News | Shares of Stocks in the Broader Tech Sector Are Trading Lower as Stocks Sell off Amid Concerns Over the US Economy
Trending Industry Today: Apple Leads Losses Pre-Market In Wireless Charging Stocks
STMicroelectronics Announces Status of Common Share Repurchase Program
Express News | Shares of Semiconductor Stocks Are Trading Lower in Sympathy With Intel, Which Reported Worse-than-expected Q2 Financial Results and Issued Soft Guidance
Chip Stocks Suffer Amid Recession Fears, High Valuations Aren't the Only Headache
European chip stocks fell, following the global decline of technology stocks, due to Intel's plans to cut capital expenditures. The weak performance guidance of Microchip Technology also hit chip makers. Among chip equipment stocks, ASML Holding fell 6.3%
European semiconductor sector saw heavy losses on Friday, following the sharp decline of global technology stocks. Intel's plan to reduce capital expenditures put pressure on chip equipment companies, while Microchip Technology's weak performance guidance hit chip manufacturers. Among chip equipment stocks, ASML Holding dropped 6.3%, ASM International fell 9.5%, BE Semiconductor dropped 6.8%, and VAT Group fell 8.2%. Among chip manufacturers, Infineon Technologies fell 3.6%, STMicroelectronics fell 3.6%, Silicon Motion Technology fell 1.7%, and Nordic Semiconductor fell 6.0%. NASDAQ 100 index futures fell 1.8%, after the index fell 2.4% on Thursday.
Chip Stocks Across Europe Plummet Amid Weak Chip Sentiment -- Market Talk
Top Gap Ups and Downs on Thursday: META, TM, APD and More
Express News | Shares of Chip Stocks Are Trading Lower Amid Overall Market Weakness. Recent Earnings From Large Names in the Sector May Also Be Weighing on the Sector