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STMicro Forecasts Growth As Recovery in Chip Demand Continues

Bloomberg Technology Thursday 29 October 2026, 06:08 UTC By Christina Kyriasoglou 1 min read
Key Points

STMicro Forecasts Growth As Recovery in Chip Demand Continues STMicroelectronics NV forecast fourth-quarter revenue growth as a recovery in chip demand continues after a prolonged slump. The chipmaker, which counts Apple Inc. and Tesla Inc. as customers, expects revenue to come in at the midpoint at $4.15 billion for the current period. That compares to an average analyst estimate of $4.11 billion, according to data compiled by Bloomberg.

STMicro Forecasts Growth As Recovery in Chip Demand Continues STMicroelectronics NV forecast fourth-quarter revenue growth as a recovery in chip demand continues after a prolonged slump. The chipmaker, which counts Apple Inc. and Tesla Inc. as customers, expects revenue to come in at the midpoint at $4.15 billion for the current period. That compares to an average analyst estimate of $4.11 billion, according to data compiled by Bloomberg.
STMicroelectronics NV (ORG) Apple Inc. (ORG) Tesla Inc. (ORG) Bloomberg (ORG)
Originally published by Bloomberg Technology Read original →

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