#Latest news with #JeanMarcCheryReuters04-06-2025BusinessReutersSTMicroelectronics CEO sees signs of market upcycle, to meet Q2 targetsJune 4 (Reuters) - STMicroelectronics' ( opens new tab chief executive said on Wednesday that the French-Italian chipmaker has seen signs of an upcycle — a period of increased market demand — which will boost its results in the coming quarters. Speaking at an event hosted by BNP Paribas, CEO Jean-Marc Chery said STMicro would deliver at least the mid-point of its second-quarter guidance. It had forecast, opens new tab revenue of $2.71 billion at mid-point for the quarter in its last earnings report.
Reuters04-06-2025BusinessReutersSTMicroelectronics CEO sees signs of market upcycle, to meet Q2 targetsJune 4 (Reuters) - STMicroelectronics' ( opens new tab chief executive said on Wednesday that the French-Italian chipmaker has seen signs of an upcycle — a period of increased market demand — which will boost its results in the coming quarters. Speaking at an event hosted by BNP Paribas, CEO Jean-Marc Chery said STMicro would deliver at least the mid-point of its second-quarter guidance. It had forecast, opens new tab revenue of $2.71 billion at mid-point for the quarter in its last earnings report.
04-06-2025
