STMicroelectronics calls Q1 the bottom of 2025, predicts better Q2

(Reuters) -STMicroelectronics reported first-quarter earnings in line with expectations on Thursday, calling it the bottom point for the year, as it sees a better second quarter. One of Europe's largest chipmakers posted revenue of $2.52 billion for the first quarter, in line with its own forecast of $2.

51 billion. Analysts were expecting a similar number according to LSEG. It expects revenue to reach $2.



71 billion in the second quarter of 2025, versus analysts' expectations of $2.62 billion. (Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi).