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 targets 26% growth in revenue to $16 bn

Chipmaker STMicroelectronics reported third quarter revenues of $4.32 billion (+35.2 percent), gross margin of 47.6 percent, operating margin of 29.4 percent, and net income...

STMicroelectronics to build $728 mn chip plant in Italy

Chipmaker STMicroelectronics (ST) said it would build a silicon carbide wafer plant in Italy with an investment of 730 million euro ($728 million) as...

STMicro and Volkswagen to develop new semiconductor

Chipmaker STMicroelectronics and Germany-based automaker Volkswagen will co-develop a new semiconductor amid a global chip crunch. Volkswagen software unit Cariad and STMicro are set to...

STMicro, GlobalFoundries plan $5.7 bn chip factory in France

Chipmakers STMicroelectronics and GlobalFoundries are planning a $5.7 billion semiconductor factory in France. STMicroelectronics and GlobalFoundries, the leading semiconductor companies, did not disclose their investment plan...

STMicro to double semiconductor investments to $3.6 bn

Chipmaker STMicroelectronics reported revenue of around $3.55 billion (+9.9 percent) and net income of $750 million in the fourth quarter of 2021. STMicroelectronics generated revenue...

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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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