STMicroelectronics CEO sees first-quarter revenue at usual levels

By Nathan Vifflin (Reuters) -STMicroelectronics' Chief Executive Jean-Marc Chery said he expects 2026 to start at ​usual levels, noting that a weaker recovery than expected ‌this year will not lead to the accumulation of inventory at its customers. Speaking at a ‌Morgan Stanley conference, Chery projected first-quarter revenue to decline 10% to 11% from the upcoming fourth quarter it forecast at $3.28 billion, while still marking about 20% growth from a ⁠year earlier. "Which is ‌positive news confirming ...