Chipmaker STMicroelectronics sees an even softer Q1 2025
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STMicroelectronics, a major European chipmaker, anticipates a further decline in sales for Q1 2025 due to ongoing downturns in its key markets.
January 30, 2025 | 6:30 am
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STMicroelectronics expects a further decline in sales for Q1 2025, indicating ongoing challenges in its key markets.
The announcement of expected sales decline for Q1 2025 suggests continued market challenges for STMicroelectronics, likely leading to negative investor sentiment and a short-term decrease in stock price.
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