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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
STMicroelectronics NV (STM) reports strong revenue growth and strategic advancements despite facing cash flow and margin pressures.
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