{"id":949609,"date":"2025-07-25T07:57:49","date_gmt":"2025-07-25T02:27:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=949609"},"modified":"2025-07-25T08:07:06","modified_gmt":"2025-07-25T02:37:06","slug":"chipmaker-stmicro-makes-first-loss-in-over-a-decade-hit-by-restructuring-costs","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/25\/chipmaker-stmicro-makes-first-loss-in-over-a-decade-hit-by-restructuring-costs\/","title":{"rendered":"Chipmaker STMicro makes first loss in over a decade, hit by restructuring costs"},"content":{"rendered":"<p>AMSTERDAM: STMicroelectronics reported a second-quarter loss on Thursday, its first in more than a decade, underperforming market expectations as it was hit by restructuring costs. <\/p>\n<p>The company&#8217;s shares fell 11% in early trade, on track for their worst day since July last year. <\/p>\n<p>The Franco-Italian chipmaker, which makes power chips for Tesla&#8217;s drivetrains and eSim modules for Apple&#8217;s iPhones, posted a loss of $133 million for the quarter, missing the average $56.2 million profit analysts expected in an LSEG poll.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMSTERDAM: STMicroelectronics reported a second-quarter loss on Thursday, its first in more than a decade, underperforming market expectations as it was hit by restructuring costs. The company&#8217;s shares fell 11% in early trade, on track for their worst day since July last year. The Franco-Italian chipmaker, which makes power chips for Tesla&#8217;s drivetrains and eSim modules for Apple&#8217;s iPhones, posted a loss of $133 million for the quarter, missing the average $56.2 million profit analysts expected in an LSEG poll.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-949609","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/949609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=949609"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/949609\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=949609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=949609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=949609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}