STM's lower than expected revenue forecast for Q2, compared to the consensus, suggests a potential short-term negative impact on its stock price. The guidance indicates a sequential revenue decrease of 7.6%, which could lead to investor concern over the company's growth trajectory and profitability, especially given the specific mention of a gross margin of 40%, plus or minus 200 basis points. This detailed financial guidance, including the expected impact of currency exchange rates and hedging, underscores the challenges STM faces, potentially affecting investor sentiment and stock performance in the short term.