The Latest Breaking News from STMicroelectronics

Two major companies, one American and the other Franco-Italian have announced the creation of a semiconductor factory in southeast France. This came as French carmaker Renault said Tuesday that car sales fell in the first half of this year, impacted by the worldwide shortage of semiconductors.

STMicroelectronics's (NYSE:STM) short percent of float has risen 7.69% since its last report. The company recently reported that it has 3.79 million shares sold short, which is 0.42% of all regular shares that are available for trading.

STMicroelectronics N.V. (NYSE:STM) reported first-quarter FY22 revenue growth of 17.6% year-on-year to $3.55 billion, beating the consensus of $3.49 billion.  This revenue performance, driven by solid demand for microcontrollers, was partially offset by temporarily reduced operations at its Shenzhen, China, manufacturing facility due to the pandemic.  Sales to OEMs increased by 14.4% Y/Y,…

STMicroelectronics (NYSE:STM) will host a conference call at 03:30 AM ET on April 27, 2022, to discuss Q1 2022 earnings results.

If history is any guide, there may be trouble ahead for shares of STMicroelectronics (NYSE:STM). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

A Relative Strength Rating upgrade for STMicroelectronics shows improving technical performance.

STMicroelectronics NV (NYSE:STM) reported fourth-quarter FY21 revenue growth of 9.9% year-on-year to $3.56 billion, beating the consensus of $3.46 billion. Sales to OEMs remain unchanged, and Distribution sales improved 38.7% Y/Y. Automotive and Discrete Group (ADG) revenue rose 28.6% Y/Y to $1.23 billion. Analog, MEMS, and Sensors Group (AMS) revenue declined 11.2% Y/Y…

  STMicroelectronics (NYSE:STM) reported its Q4 earnings results on Thursday, January 27, 2022 at 01:00 AM. Here's what investors need to know about the announcement.

STMicroelectronics (NYSE:STM) is set to give its latest quarterly earnings report on Thursday, 2022-01-27. Here's what investors need to know before the announcement. Analysts estimate that STMicroelectronics will likely report an Earnings Per Share (EPS) of $0.68.