STMicro Reports First Loss in Over a Decade, Cites Restructuring Impact
STMicroelectronics has reported its first quarterly loss in over a decade, signaling a significant shift in its financial landscape. STMicro, the European semiconductor giant, widely known for supplying chips to top tech players, including Apple and Tesla, revealed that internal restructuring and broader market challenges contributed to its Q2 2025 decline. This sharp turnaround has…