STMicroelectronics Expected to Provide Strong Quarterly Guidance -- Market Talk

Dow Jones

07/02

1417 GMT - STMicroelectronics is expected to report a strong set of second-quarter results and provide upbeat guidance for the third quarter, UBS analysts write in a note to clients. The European chip maker could guide for third-quarter revenue growth of 12% compared with the second quarter, the analysts say. Improving demand for chips in vehicles and industrial equipment as well as smartphones could drive that growth, they say. Chief Executive Jean-Marc Chery said at an event in June that a recovery in demand would benefit the third quarter unless trade tensions get in the way. STMicroelectronics reports second-quarter results on July 24. STMicroelectronics shares trade 4.5% higher at 26.64 euros. (mauro.orru@wsj.com)

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July 02, 2025 10:18 ET (14:18 GMT)

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(mauro.orru@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2025 10:18 ET (14:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STM","symbol_name":"意法半导体","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548818705","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548818705","pubTimestamp":1751465880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1417 GMT - STMicroelectronics is expected to report a strong set of second-quarter results and provide upbeat guidance for the third quarter, UBS analysts write in a note to clients. 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The European chip maker could guide for third-quarter revenue growth of 12% compared with the second quarter, the analysts say. Improving demand for chips in vehicles and industrial equipment as well as smartphones could drive that growth, they say. Chief Executive Jean-Marc Chery said at an event in June that a recovery in demand would benefit the third quarter unless trade tensions get in the way. STMicroelectronics reports second-quarter results on July 24. STMicroelectronics shares trade 4.5% higher at 26.64 euros. (mauro.orru@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2025 10:18 ET (14:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}