STMicro upbeat on 2026 visibility, warns restructuring costs will continue to weigh

By Nathan Vifflin Jan 29 (Reuters) - STMicroelectronics forecast first-quarter revenue slightly above market expectations on Thursday as its main markets showed signs of recovery, but warned restructuring ​costs would recur after it booked a $141 million hit in the fourth quarter. Shares ‌of the Franco-Italian group rose up to 5% in early trading and were 2.2% higher by 1115 GMT. "We are entering ‌2026 with better visibility than entering 2025, with the inventory correction in distribution progressive ...