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 Chipmaker STMicro's Q4 forecast hit by weak auto sales
 Yahoo Finance· 2025-10-23 13:14
 By Nathan Vifflin  (Reuters) -STMicroelectronics on Thursday forecast fourth quarter sales below market expectations, as weak automotive sales spoiled a recovery in its main markets, sending its shares lower.  STM, which is one of Europe's largest chipmakers, expects fourth quarter revenue of $3.28 billion, up from the $3.19 billion it reported this quarter. That's below the average analyst forecast of $3.34 billion, according to LSEG data.  The Franco-Italian firm, whose top clients include Tesla and Appl ...
