STMicroelectronics Sees Slowing Sales and Profit Growth
Nov 20, 2024
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to weigh on growth.
https://www.wsj.com/articles/tesla-supplier-stmicroelectronics-pushes-20-billion-plus-sales-target-to-2030-4b33a39a?mod=pls_whats_news_us_business_f
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