STMicroelectronics (STM) announced its collaboration with Qualcomm Technologies, a subsidiary of Qualcomm Incorporated, for the next generation of industrial and consumer IoT solutions developed by edge AI. This strategic collaboration will facilitate the blend of Qualcomm's AI-powered wireless connectivity technologies, starting with Wi-Fi/Bluetooth/Thread combo system-on-a-chip with the microcontroller (MCU) ecosystem from STM. Developers will enjoy smooth connectivity software integration into STM32 gene ...

STMicroelectronics Announces Timing for Third Quarter 2024 Earnings Release and Conference Call and Capital Markets Day Webcast Geneva – October 4, 2024 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release third quarter 2024 earnings before the opening of trading on the European Stock Exchanges on October 31, 2024. The press release will be available immediately after the release on the Company's web ...

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of STMicroelectronics N.V. (NYSE: STM). Shareholders who purchased shares of STM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/stmicroelectronics-loss-submission-form/?id=106364&from=3 CLASS PERIOD: Januar ...

STMicroelectronics and Qualcomm enter strategic collaboration in wireless IoT Strategic collaboration will pair STMicroelectronics' market-leading STM32 microcontroller ecosystem and Qualcomm's world-leading wireless connectivity solutions. Seamless integration into existing STM32 developer ecosystem to allow simple, fast, and cost-effective design of next-gen industrial and consumer IoT applications augmented by edge AI. Geneva and San Diego, October 1, 2024 – STMicroelectronics (NYSE: STM), a global semic ...

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in STMicroelectronics N.V. ("STMicroelectronics" or the "Company") (NYSE: STM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of STMicroelectronics investors who were adversely affected by alleged securities fraud between January 25, 2024 and July 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/s ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased STMicroelectronics N.V. securities between January 25, 2024, and July 24, 2024, of the upcoming lead plaintiff deadline on October 22, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought STMicroelectronics securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by October 22, 2024 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in this area [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in terms of settlements since 2013 [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, STMicroelectronics made false or misleading statements regarding demand in its automotive and industrial sectors, which continued to decline in the first half of 2024 [5]. - As a result of these misrepresentations, STMicroelectronics' revenues and gross margins also declined, leading to investor damages when the true information became public [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased STMicroelectronics N.V. securities between January 25, 2024, and July 24, 2024, of the upcoming lead plaintiff deadline on October 22, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought STMicroelectronics securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3]. - The lead plaintiff must file a motion with the Court by October 22, 2024, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 and has been ranked highly for its performance in securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, STMicroelectronics made false or misleading statements regarding demand in its automotive and industrial sectors, which continued to decline in the first half of 2024 [5]. - As a result of these misrepresentations, STMicroelectronics' revenues and gross margins also declined, leading to investor damages when the true information became public [5].

SAN DIEGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired STMicroelectronics N.V. (NYSE: STM) securities between January 25, 2024 and July 24, 2024. STMicroelectronics, together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asian Pacific. For more information, submit a form, em ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In STMicroelectronics To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in STMicroelectronics between January 25, 2024 to July 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247- 4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, ...

Core Viewpoint - STMicroelectronics N.V. is facing a class action lawsuit due to significant downward revisions in its financial projections, which have led to a notable decline in its stock price [1][2]. Financial Performance - For the second quarter ending June 29, 2024, STMicroelectronics reported a revenue of $3.23 billion, reflecting a year-over-year decline of 25.3% [2]. - The company has revised its total revenue forecast for 2024 to a range of $13.2 billion to $13.7 billion, down from a previous estimate of $14 billion to $15 billion [2]. - Earlier projections made during the fourth-quarter 2023 earnings call estimated 2024 revenues to be between $15.9 billion and $16.9 billion [2]. - Net sales to Original Equipment Manufacturers (OEMs) decreased by 14.9%, while sales through distribution channels fell by 43.7% year-over-year [2]. Legal Proceedings - Shareholders who purchased shares of STMicroelectronics between January 25, 2024, and July 24, 2024, are encouraged to register for the class action lawsuit [1][3]. - The deadline for shareholders to seek lead plaintiff status is October 22, 2024 [3]. - Participation in the case does not incur any cost or obligation for shareholders [3]. Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who have suffered losses due to misleading statements or omissions [4].