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Can STMicro pivot? Legacy fab drag echoes Intel's struggle

Amanda Liang, Taipei; Levi Li, DIGITIMES Asia Monday 21 April 2025 0

Credit: DIGITIMES

STMicroelectronics plans to cut 3,000 jobs by 2027, timing the announcement just ahead of its first-quarter 2025 earnings call on April 24. The preemptive move appears designed to offload negative news early and signal a strategic reset as the company...

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