Tag: STMicroelectronics

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Micron lifts Q4 outlook on soaring AI memory chip demand

Micron Technology has raised its fourth-quarter revenue and profit...

U.S. criticized for profiting from Nvidia, AMD AI chip sales to China

The United States government is facing backlash for striking...

Telecom news: Comcast, Reliance Jio, Indus Cloud, Huawei, equipment supply rules

The latest telecom news includes announcements on Comcast, Reliance...

STMicroelectronics and Sanan plan $3.2 bn JV in China

Semiconductor supplier STMicroelectronics and Sanan Optoelectronics plan a joint venture to set up a silicon carbide manufacturing joint venture in Chongqing, China. The cost of the venture...

France offers $3.1 bn aid for semiconductor factory of STMicroelectronics and GlobalFoundries

France will provide 2.9 billion euros ($3.10 billion) in aid to help support an investment of 7.5 billion euros that chipmakers STMicroelectronics and GlobalFoundries...

STMicroelectronics revenue jumps 20% to $4.25 bn in first-quarter

STMicroelectronics, a global semiconductor company, has reported revenues of $4.25 billion (+19.8 percent), gross margin of 49.7 percent, operating margin of 28.3 percent, and net...

STMicroelectronics to supply silicon carbide devices to ZF

ZF, a provider of electrification solutions in the automotive industry, will procure silicon carbide devices from STMicroelectronics, a major semiconductor manufacturer. This partnership will allow...

STMicroelectronics plans hike in Capex to $4 bn

STMicroelectronics, one of the world’s largest semiconductor companies, said it is planning Capex of $4 billion in 2023, primarily to increase manufacturing capacity, as...

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U.S. criticized for profiting from Nvidia, AMD AI chip sales to China

The United States government is facing backlash for striking...

Telecom news: Comcast, Reliance Jio, Indus Cloud, Huawei, equipment supply rules

The latest telecom news includes announcements on Comcast, Reliance...

Optus sued over 2022 cyber attack that exposed data of 9.5 mn Australians

Australian regulators have launched legal action against Optus, alleging...
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