Pomerantz was appointed Lead Counsel in a proposed securities class action against STMicroelectronics N.V., a global semiconductor company that manufactures a broad range of electronic products. The case alleges STM misled investors by assuring them that 2024 revenue would meet expectations, despite lacking a clear understanding of market conditions and inaccurately assessing recovery in the industrial and automotive sectors. The truth emerged on July 25, 2024, when STM revealed disappointing second-quarter results and lowered its 2024 revenue forecast due to weak industrial orders and declining automotive demand. Following this news, STM's stock plummeted by 15.3%, causing substantial investor losses. #SemiconductorIndustry #MarketTransparency #CorporateMisconduct #SecuritiesLitigation #ClassAction
Pomerantz LLP’s Post
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Europe is home to over 50 different semiconductor companies, a sector which has seen strong growth in recent years, with three of the largest having options listed on Cboe Europe Derivatives (CEDX) – ASML, ASM and Infineon Technologies. In this article, we consider two simple options strategies that might be used to capture the next 10% upside or downside move in a fictional semiconductor company's stock ahead of its next quarterly earnings report. Read more here: https://lnkd.in/efFSwYgi
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Arm Holdings presented a promising future with its bullish revenue growth, with earnings strongly beats over analysts' estimates. Many factors are considered for its future growth, but opportunities always come with risks. . What are the implications of Arm's increased earnings for investors? Should they be concerned about volatility over returns? How does Arm plan to maintain its competitive edge against rising competition in the semiconductor industry? Join our topic discussion and share your thoughts! . #ArmHoldingsSurge #BullishForecast #MarketExpansion #EarningsBeat #AnalystsStunned #TechGrowth #SmartphoneBeyond #RevenueRise #ProfitLeap #StonkTech
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The $ is ON! ON Semiconductor Corp (ON) Stock Price Reaches $66.65: What Factors Are Influencing This Level? Loop Capital has recently initiated ON Semiconductor Corp (ON) stock to Buy rating, as announced on November 12, 2024, according to Finviz. Earlier, on July 30, 2024, TD Cowen had reiterated the stock to Buy, setting a price target of $90 for ON stock. Citigroup also reduced Neutral rating with a price target of $77. Additionally, Morgan Stanley reduced rating on July 11, 2024, with a target price of $65. Jefferies analysts, in their report published on May 13, 2024, also initiated Buy rating and set a price target of $100 for ON Semiconductor Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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ST Micro posted a revenue decline due to decreased demand for microelectronics in the power and discrete segments, but revenues were higher than predicted for personal electronics! How are others doing in this field? https://lnkd.in/ePQx2QYK #stmicro #segments #demand #segment #micro #electronics #personalelectronics #power #microelectronics #gearpost
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ST Micro posted a revenue decline due to decreased demand for microelectronics in the power and discrete segments, but revenues were higher than predicted for personal electronics! How are others doing in this field? https://lnkd.in/ewgdFaan #stmicro #segments #demand #segment #micro #electronics #personalelectronics #power #microelectronics #gearpost
Quarterly results | STMicroelectronics NV
investors.st.com
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FDI News: Taiwan Semiconductor Manufacturing (NYSE:TSM) Sees Large Volume Increase 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 10,509,822 shares traded hands during mid-day trading, a decline of 30% from the previous session’s volume of 14,924,448 shares.The stock last traded at $156.37 and had previously closed at $149.20. Wall Street Analyst Weigh In TSM […] 🔗 [Learn more: https://lnkd.in/eHeiGKW6] Join as a Partner and Professional: FDI Alliance: www.fdialliance.com #FDI #Invest #Trade
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FDI News: Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Gap Down to $139.62 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $139.62, but opened at $135.44. Taiwan Semiconductor Manufacturing shares last traded at $135.92, with a volume of 4,224,599 shares trading hands. Analyst Ratings Changes A number of analysts […] 🔗 [Learn more: https://lnkd.in/e3eJ4vmq] Join as a Partner and Professional: FDI Alliance: www.fdialliance.com #FDI #Invest #Trade
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Guerrilla RF Buys Up Gallium Semiconductor’s Assets In order to strengthen its overall technology offering, and address opportunities in the communications, space and defence markets, Guerrilla RF has just completed its acquisition of the gallium-nitride (GaN) power amplifiers and front-end modules that make up Gallium Semiconductor's product portfolio. The agreement also covers all additional intellectual property (IP) owned by the Singapore-based company. Guerrilla RF’s CEO Ryan Pratt, states; “As he company continues to evolve as an RFIC and MMIC supplier, integrating GaN technology into our expanding portfolio is imperative. GaN represents a pivotal advancement towards offering comprehensive signal chains for our target markets. Prior to this acquisition, Guerrilla RF was already advancing GaN device development as part of its organic growth strategy. The acquisition of Gallium Semiconductor's portfolio significantly accelerates this strategic initiative. We anticipate this transaction will yield meaningful revenue with favourable margins in the near and long term.” Henk Thoonen, Gallium Semiconductor’s CEO, adds; “Merging these new products into Guerrilla RF’s portfolio is expected to be fast and seamless. Both companies share... READ MORE https://lnkd.in/eNkdUsHJ Paul Stoneley Robin Accomazzo Jim Ahne Jeff Broxson Kellie Chong Mark Mason Barry Blount Amanda Ingalls Michael Guyonnet, PhD
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Analog chipmaker Texas Instruments (NASDAQ:TXN) is scheduled to report first-quarter results on Tuesday, April 23rd, after market close. Sentiments are mixed on the analog chipmaker's first-quarter results. While some remain concerned over demand weakness in the company's industrial and automotive markets, others expect healthy demand in China to offset muted demand trends across its key markets. Industrial and automotive are the company's biggest end markets by revenue share, with industrial boasting an about 40% share. Story for Seeking Alpha https://lnkd.in/gXx5pYYk
Texas Instruments Q1 earnings preview: Focus on weak demand (NASDAQ:TXN)
seekingalpha.com
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The earning growth for the semiconductor industry has outperformed stock market averages in both the Nordics and the US, and has also exceeded overall American IT sector growth. Semiconductor industry shares are volatile but have performed well over time, driven by strong earnings growth, concludes the latest edition of Investment Outlook. Learn more: https://lnkd.in/gaTiPcdt Disclaimer: Investments involve a risk.
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