07:22
2026-07-23
ca.finance.yahoo.com
ai-infrastructure
STMicro Plunges as Weak Forecast Eclipses Fourth-Quarter Outlook
STMicroelectronics NV plunged as much as 17% after forecasting third-quarter sales of $3.7 billion, below the $3.79 billion analyst estimate, despite a 119% year-to-date stock gain driven by AI data c…