Will AI Data Center Explosive Growth Save STM Stock on Oct. 29?
STMicroelectronics (NYSE: STM) reports third-quarter results on Thursday, Oct. 29. Shares have dropped 16.09% over the past month. This report will show whether AI data center demand can support a stock that fell after its last beat. Investors Sold a Strong Beat Last quarter, revenue rose 24.5% year over year to $3.49 billion. Non-GAAP EPS […]
STMicroelectronics (NYSE: STM) reports third-quarter results on Thursday, Oct. 29. Shares have dropped 16.09% over the past month. This report will show whether AI data center demand can support a stock that fell after its last beat. Investors Sold a Strong Beat Last quarter, revenue rose 24.5% year over year to $3.49 billion. Non-GAAP EPS […]
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