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Stabilus (ETR:STM) said third-quarter revenue was close to €300 million and adjusted EBIT margin improved to 10.8%, despite lower sales tied largely to weakness in China and continued pressure in automotive markets. The company said revenue was approximately 4% to 4.5% below the prior-year quarter,
0014 GMT — Japanese stocks are lower in early trade following overnight drops in U.S. technology stocks. Uncertainty over the Iran conflict is also weighing on the market. Investors are closely watching crude oil prices and developments in the Middle East after Saudi Arabia said it had intercepted drones that Iran-backed militias in Iraq had launched at the kingdom’s oil facilities.
European semiconductor companies started the week in green territory after the Trump administration paused plans to escalate its war in Iran, boosting stocks globally.
By Tharuniyaa Lakshmi and Purvi Agarwal July 24 (Reuters) - European shares recovered on Friday after registering their steepest one-day loss in two weeks in the previous session, as investors drew
Revenue surged 23% YoY to $3.49B, driven by AI data center and industrial demand.
STMicroelectronics NV (STM) reports robust revenue growth across key segments, despite facing manufacturing and supply chain hurdles.
STMicroelectronics beat analyst estimates for the second quarter but disappointed with its Q3 sales guidance.
European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial intelligence applications, while STMicroelectronics and BE Semiconductor Industries (Besi) fell as investors reacted to weaker near-term performance and elevated growth expectations. Soitec shares jumped around 23% after the French semiconductor materials supplier beat sales expectations by a wide margin and pointed to accelerating demand for photonics wafers used in artificial intelligence applications.
STMicroelectronics (NYSE:STM) reported second-quarter 2026 revenue above the midpoint of its outlook and said demand accelerated across all end markets, with management pointing to particularly strong momentum in AI data centers, optical connectivity and industrial applications. President and Chief
July 23 (Reuters) - European shares edged lower on Thursday, weighed down by technology stocks following quarterly results from U.S. giant Alphabet, while markets assessed the Middle East conflict
By Tharuniyaa Lakshmi and Johann M Cherian July 16 (Reuters) - European stocks slipped on Thursday as investors assessed a slew of corporate earnings, while escalating tensions in the Middle East
Shares of European semiconductor companies were following their Asian peers in green territory, a day after investors shunned stocks linked to artificial intelligence.
By Johann M Cherian and Tharuniyaa Lakshmi June 30 (Reuters) - European shares opened higher on Tuesday and were on track for their biggest quarterly rise in more than five years, boosted by optimism
By Johann M Cherian and Tharuniyaa Lakshmi June 29 (Reuters) - European shares were steady on Monday, underpinned by gains in technology stocks, while investors mulled over the durability of an
Shares in the SpaceX supplier fell more than 2% on the news, however the stock has nearly tripled so far this year.
Find insight on STMicroelectronics, Kioxia Holdings, YMTC and more in the latest Market Talks covering technology, media and telecom.
French quantum computing startup Quobly said on Wednesday it has raised €115 million ($133.72 million) in a funding round led by France's state-backed investment bank Bpifrance, chipmaker STMicroelectronics and Sealsq. The funding follows a wave of public investment in quantum computing in the U.S. and Europe. French President Emmanuel Macron last month said France will invest €1 billion in quantum computing, a day after U.S. President Donald Trump's administration announced $2 billion in funding for the technology.
European stock markets closed higher in Tuesday trading as the Stoxx Europe rose 0.6%, Germany's DAX
STMicroelectronics is likely to decide on a further expansion of its Crolles chipmaking site in France by the end of 2026, as demand for silicon photonics used in AI data centres accelerates, its chief executive said on Tuesday. CEO Jean-Marc Chery, speaking at a conference in Geneva, Switzerland hosted by BNP Paribas, said the expected shift towards so-called near-package optics, where optical engines sit closer to processors, would require a capacity decision. (Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak)
June 2 (Reuters) - European shares opened higher on Tuesday as strong forecasts from chipmaker STMicroelectronics lifted technology stocks, while investors awaited a key inflation report later in the
STMicroelectronics raised the revenue target for its data centre business on Tuesday, citing continued strong demand tied to AI infrastructure and progress in expanding capacity. The Franco-Italian chipmaker now expects data centre revenue of about $1 billion in 2026, compared with its previous forecast for revenue "nicely above" $500 million. "Assuming the current dynamic continues and with the current engagements we have, revenues could double in 2027," STMicro said in a statement.
(Bloomberg) -- Italy’s benchmark equity index rose past its all-time closing high set in 2000, with a recent rally in energy and chip stocks supercharging it to record levels.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, Sanctions
European stock markets closed higher Friday as the Stoxx Europe 600 rose 0.7%, Germany's DAX 40 clim
By Twesha Dikshit and Avinash P May 14 (Reuters) - European shares closed higher on Thursday, after hitting the highest in a week with a boost from technology stocks, while investors remained cautious
By Nathan Vifflin May 4 (Reuters) - STMicroelectronics is targeting well above $3 billion in cumulative revenue for its semiconductor space business from 2026 to 2028, it said on Monday, helped by
Stabilus (ETR:STM) reported second-quarter fiscal 2026 revenue of €304.9 million, down 10% year-over-year but higher than the first quarter’s roughly €291 million, as management highlighted steady execution on cost savings and transformation initiatives. Chief Executive Officer Dr. Michael Büchsner
This “hidden” AI stock is stepping into the spotlight.
STMicroelectronics (NYSE:STM) reported first-quarter 2026 net revenues of $3.1 billion, supported by stronger-than-expected results in personal electronics engaged customer programs and in communications equipment and computer peripherals, while also closing its acquisition of NXP’s MEMS sensor busi