STMicroelectronics N.V. (STM)

The company now

STMicroelectronics, the Franco-Italian chipmaker known as ST, publishes its third-quarter results before European markets open on 29 October 2026 3. Its newest filed quarter, ended 27 June, brought revenue of $3.49 billion, up 26.0 percent on a year earlier, and net income of $222 million against a loss of $97 million 1.

Chief executive Jean-Marc Chery said demand rose further, with strong bookings in all end markets, signs of tight supply and distributors' stock below the company's target 1. For the third quarter ST guided to revenue of about $3.70 billion, up about 16.2 percent on a year earlier 1. Its gross margin, revenue minus production costs as a share of revenue, was guided to about 37.0 percent 1.

Chery said ST expects fourth-quarter revenue above $4 billion, driven mainly by programs for AI data centers and low Earth orbit satellite links 1. It also expects data centers alone to bring in more than $1 billion this year 1. The results on 29 October are the first test of that outlook 31.

The newest material event is about leadership: on 13 October the Supervisory Board said it will ask the 2027 annual meeting to reappoint Chery for one more year 4. His current three-year term ends at that meeting 6. Meanwhile ST keeps buying back its own shares to cover employee share plans, 444,659 in the week to 23 October 5.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.