意法半导体将收购恩智浦旗下Mems传感器业务。 ...

PR N°C3350C STMicroelectronics to strengthen position in sensors with acquisition of NXP’s MEMS sensors business ST enters into agreement for acquisition of NXP’s MEMS sensor business for a purchase price of up to US$950 million in cash, including US$900 million upfront and US$50 million subject to the achievement of technical milestonesThe MEMS businesses of ST and NXP are strongly complementary in terms of technology and product portfolio, with the combined product offering to be well balanced across auto ...

PR N°C3350C STMicroelectronics to strengthen position in sensors with acquisition of NXP’s MEMS sensors business ST enters into agreement for acquisition of NXP’s MEMS sensor business for a purchase price of up to US$950 million in cash, including US$900 million upfront and US$50 million subject to the achievement of technical milestonesThe MEMS businesses of ST and NXP are strongly complementary in terms of technology and product portfolio, with the combined product offering to be well balanced across auto ...

UNITED STATES SECURITIESAND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of July, 2025 Commission File Number: 1-13546 STMicroelectronics N.V. (Name of Registrant) WTC Schiphol Airport Schiphol Boulevard 265 1118 BH Schiphol Airport The Netherlands (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

智通财经7月24日电，"绩劣股"集体重挫，意法半导体大跌近18%，奇波雷墨西哥烧烤、陶氏化学跌超 12%，IBM跌超10%。 ...

Investment Rating - The report does not explicitly provide an investment rating for STMicroelectronics, but it highlights weak performance and lower-than-expected guidance for future quarters, indicating a cautious outlook for the stock. Core Insights - STMicroelectronics reported weak 2Q25 results, with revenue of $2.77 billion, meeting market expectations, but EPS of -$0.11 significantly missed the consensus estimate of $0.09 [1][7] - For 3Q25, the company guides revenue between $3.07 billion and $3.27 billion, with a midpoint of $3.17 billion, representing a 14.6% QoQ growth but a 2.5% YoY decline [4][10] Summary by Sections Revenue Performance - In 2Q25, STMicroelectronics achieved a 9.9% QoQ revenue increase but a 14.4% YoY decline. All end markets saw sequential growth, with automotive revenue down 24% YoY but up 14% QoQ, driven by Asia Pacific and the Americas [2][8] - The industrial market saw an 8% YoY decline but a 15% QoQ increase, confirming that 1Q25 was the cyclical trough. Personal electronics and communication equipment also experienced slight declines [2][8] Profitability - The gross profit for 2Q25 was $926 million, a 28.5% YoY decline, with a gross margin of 33.5%, down 660 bps YoY due to unfavorable product mix and lower manufacturing efficiency [3][9] - Operating loss was $133 million, including $190 million in impairment and restructuring charges. Non-GAAP operating margin for the quarter was +2.1% [3][9] Future Guidance - For 3Q25, the company expects all end markets except automotive to return to YoY growth, with gross margin guidance of 33.5% ± 200 bps, impacted by idle capacity costs and non-recurring costs related to manufacturing reorganization [4][10] - The FY2025 capital expenditure plan is maintained at $2.0 billion to $2.3 billion, primarily for manufacturing transformation efforts [4][10]

Group 1: Tesla Performance - Tesla's stock price fell over 6% in pre-market trading on July 24 due to disappointing earnings results [2][3] - The latest financial report indicated a 16% decline in automotive revenue, marking the second consecutive quarter of sales decline, and falling short of analyst expectations [5][6] - In Q2, Tesla's automotive revenue was $16.7 billion, down from $19.9 billion year-over-year, with revenue from regulatory credits dropping to $439 million from $890 million [6] Group 2: Tesla's Market Challenges - Tesla's Q2 vehicle deliveries decreased by 14% year-over-year to 384,000 units, attributed to backlash in the U.S. and Europe against CEO Elon Musk's political affiliations and actions [7] - Year-to-date, Tesla's stock has declined approximately 18%, underperforming compared to the Nasdaq index, which has risen about 9% [7] - The company's stock began to decline after CFO mentioned the impact of a recent "big and beautiful bill" affecting Tesla's business, specifically the expiration of the $7,500 federal EV tax credit by the end of September [7] Group 3: Future Outlook for Tesla - Elon Musk emphasized future developments in Robotaxi and Optimus robots, aiming for half of the U.S. population to access autonomous ride-hailing services by the end of the year, pending regulatory approval [8] Group 4: STMicroelectronics Performance - STMicroelectronics' stock plummeted 10% on July 24, marking its largest drop in a year due to unexpected restructuring losses and lower-than-expected guidance for the upcoming quarter [9][10] - Adjusted earnings per share were $0.40, below the expected $0.43, and revenue was $2.25 billion, slightly below the forecast of $2.274 billion [11] - The company reported an adjusted operating loss of $133 million in Q2, contrasting with analyst expectations of a $54 million profit, and projected Q3 gross margin to remain at 33.5%, below the market expectation of 35.4% [12] Group 5: Industry Challenges for STMicroelectronics - The automotive sector, which accounts for a significant portion of STMicroelectronics' revenue, is facing challenges due to global trade tensions and tariffs disrupting the market [12][13] - The company experienced a 14% year-over-year revenue decline to $2.77 billion, slightly above analyst expectations, and anticipates Q3 revenue to rise to approximately $3.17 billion, aligning with market forecasts [12] - Recent performance issues have drawn criticism from the Italian government, which, along with France, holds over 25% of the company's shares [13]

Financial Data and Key Metrics Changes - The company reported revenues of $2.77 billion, which was $56 million above the midpoint of the business outlook range, with automotive revenues slightly below expectations but offset by higher revenues in personal electronics and industrial [6][5] - Gross margin was 33.5%, in line with the midpoint of the business outlook range, but decreased by 660 basis points year over year due to unfavorable product mix and lower manufacturing efficiency [18][20] - Net income for Q2 was a loss of $97 million compared to a profit of $353 million in the same quarter last year, with diluted earnings per share at negative $0.11 compared to positive $0.38 [20][21] Business Line Data and Key Metrics Changes - Automotive revenues grew approximately 14% sequentially, driven by Asia Pacific excluding China and the Americas, but overall automotive revenues declined by about 24% year over year [16][17] - Industrial revenues exceeded expectations with strong sequential growth and year-over-year improvement, confirming that Q1 was the bottom [10][11] - Personal electronics and communication equipment revenues were above expectations, driven by increased content in personal electronics and the expanding low earth orbiting satellite market [13][14] Market Data and Key Metrics Changes - Year-over-year sales to OEMs decreased by 15.3%, while distribution sales also saw a decline [17] - The automotive market is projected to grow, with a total of 90 million vehicles expected, of which 30 million are battery electric and hybrid electric vehicles [42][54] - The company noted that inventory levels in distribution are returning to normal, with improvements seen in Asia Pacific and China [11][115] Company Strategy and Development Direction - The company is focused on car electrification and digitalization, with significant wins in silicon carbide and automotive microcontrollers [8][9] - The strategy includes reshaping the manufacturing footprint and resizing the global cost base, with expected annual cost savings in the high triple million dollar range by the end of 2027 [25][26] - The company aims to maintain its net CapEx plan between $2 billion and $2.3 billion for 2025 to support manufacturing reshaping [25] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty in the automotive market due to trade and tariff situations but expects sequential growth in Q3 compared to Q2 [7][25] - The company anticipates Q3 revenues to be around $3.17 billion, representing a 14.6% sequential increase but a 2.5% year-over-year decrease [23][25] - Management expressed confidence in the strength of the product portfolio and customer base, despite specific customer dynamics affecting automotive revenues [43][54] Other Important Information - The company received recognition for sustainability, ranking 25th in the Time World's Most Sustainable Companies list and achieving an A-list rating for climate change tracking [14][15] - The company maintained a solid financial position with a net financial position of $2.67 billion as of June 28, 2025 [22] Q&A Session Summary Question: Can you clarify the impact of the manufacturing reshaping program on Q3 gross margin guidance? - Management indicated that the gross margin for Q3 is negatively impacted by approximately 140 basis points due to currency effects and nonrecurring costs related to the manufacturing reshaping program [30][31] Question: Have there been any changes in customer order patterns due to geopolitical uncertainties? - Management noted that all verticals are expected to grow sequentially in Q3, except for automotive due to specific customer dynamics, but overall customer demand remains positive [40][41] Question: What is the outlook for Q4 revenues and potential impacts from new U.S. rules on EVs? - Management expects Q4 revenues to grow sequentially and potentially year-over-year, with no significant impact from new U.S. rules on EVs anticipated at this time [62][65] Question: Can you provide insights on the pricing environment for general-purpose microcontrollers? - Management confirmed that pricing for general-purpose microcontrollers remains stable, with low single-digit pricing observed [104] Question: What is the current status of inventory levels in the distribution channel? - Management reported that inventory levels in distribution have improved, with excess inventory declining by about one month on average [114][115]

Financial Data and Key Metrics Changes - The company reported revenues of $2.77 billion, which was $56 million above the midpoint of the business outlook range, with a gross margin of 33.5% in line with expectations [5][18] - Year-over-year gross profit decreased by 28.5%, and net income was a negative $97 million compared to a positive $353 million in the previous year [20][21] - Days sales of inventory at quarter end was 166 days, slightly above expectations, compared to 130 days in the year-ago quarter [21] Business Line Data and Key Metrics Changes - Automotive revenues grew about 14% sequentially, driven by Asia Pacific and The Americas, but overall automotive revenues declined by about 24% year-over-year [6][15] - Industrial revenues were above expectations with strong sequential growth, confirming that Q1 was the bottom, and general-purpose microcontrollers returned to year-on-year growth [9][12] - Personal Electronics and Communication Equipment revenues were above expectations, driven by increased content and the expanding low earth orbiting satellite market [12][13] Market Data and Key Metrics Changes - The automotive market is experiencing uncertainty due to trade and tariff situations, but the company expects sequential growth in Q3 [6][23] - The industrial market showed strong demand, with point-of-sale (POS) growth indicating real demand rather than inventory replenishment [78] - Sales to OEMs decreased by 15.3% year-over-year, while distribution sales showed a positive trend [15][16] Company Strategy and Development Direction - The company is focused on car electrification and digitalization, with significant wins in automotive microcontrollers and electric vehicle power systems [6][7] - The strategy includes reshaping the manufacturing footprint and resizing the global cost base, with expected annual cost savings in the high triple million dollar range by 2027 [24][25] - The company aims to maintain a net CapEx plan between $2 billion and $2.3 billion for 2025 to support manufacturing reshaping [24] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging automotive market but expressed confidence in sequential growth in Q3 and Q4 [6][23] - The company expects Q3 revenues to be around $3.17 billion, reflecting a 14.6% sequential increase and a 2.5% year-over-year decrease [22][23] - Management noted that the automotive market is less stable than in previous years due to competition dynamics and customer-specific changes [42][54] Other Important Information - The company received recognition for sustainability, ranking 25th in the Time World's Most Sustainable Companies list and achieving an A-list rating for climate change [13][14] - The company is working closely with NVIDIA on a new high power density DC-DC architecture for AI data centers [11] Q&A Session Summary Question: Can you clarify the one-off effect from the manufacturing reshaping program in Q3 gross margin guidance? - Management indicated that about 20% of the 140 basis point negative impact on gross margin in Q3 is related to the reshaping program, with expectations for improvement in Q4 [30][31] Question: Have you seen any changes in customer order patterns due to geopolitical uncertainty? - Management noted that while there is a specific customer issue in automotive, overall demand is positive, and they expect sequential growth in Q3 [40][42] Question: What caused the year-over-year revenue decline? - Management explained that the decline was primarily due to customer-specific changes and intangible factors, with a strong expectation for sequential growth in Q3 and Q4 [52][54] Question: Will you be able to grow year-over-year in Q4? - Management expressed optimism about sequential growth in Q4 and the potential for year-over-year growth, depending on customer behavior [61] Question: What is the impact of new U.S. rules on EVs on your business? - Management stated that there is no significant impact from the new U.S. rules on EVs, and they are adapting their strategy accordingly [63] Question: Can you quantify the level of inventories in the distribution channel today? - Management reported that inventory in distribution has declined by about one month on average, moving in the right direction [115] Question: How do you see the pricing environment for silicon carbide in China? - Management acknowledged strong price pressure in China but is confident in their competitive position due to new product introductions and manufacturing capabilities [118][119]