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HomeBusinessSTMicro raises data-centre expectations after profit miss, shares tank

STMicro raises data-centre expectations after profit miss, shares tank

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 forecast that missed expectations on Thursday. The shares fell 14 per cent in early trade. The Franco-Italian chipmaker, whose

Read full story on Channel Newsasia

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