STMicro Beats Q1 2023 Earnings Expectations Despite Chip Shortages
STMicro expects 2023 revenue of $17.0 billion-$17.8 billion, representing a 5%-10% growth over 2022. Silicon carbide (SiC) substrate manufacturing…
STMicro – Automotive and Industrial Segments Top Performers in Q4 2022
Silicon carbide (SiC) substrate manufacturing facility in Catania to fulfill the increasing demand for SiC in EVs. Strong demand for factory…
STMicro Q3 2022 Earnings: Automotive and Analog Revenues Surpass Estimates
Q3 was uniquely good for STMicro as it ramped up production of multiple products for its top customers. STMicro is profiting from continued high…