STMicroelectronics shares plunge 18% as a soft Q3 forecast overshadows Q2 earnings beats and expanding AI data center targets.

July 23 : STMicroelectronics said it expects data-centre demand to boost revenue towards the end of the year, after reporting second-quarter core profit and a third-quarter sales…

July 23 : STMicroelectronics reported second-quarter core profit below market expectations and forecast third-quarter revenue slightly below analyst estimates on Thursday, sending…