• 11/25/2024

STMicro Earnings Boosted by Auto Strength

Wall Street Journal

STMicroelectronics posted a higher gross profit of $2.1 billion in the second quarter and an operating margin of 26.5%, with the improvement driven by its automotive businesses.

https://www.wsj.com/articles/stmicroelectronics-2q-earnings-revenue-rose-on-automotive-boost-330d45e