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

Digitimes
By Levi LiApr 20, 2025, 6:49 pm363 pts
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 navigates mounting macroeconomic and industry headwinds.

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Amkor to close longstanding Japan chip plant as EV demand slows

Digitimes

Amkor to close longstanding Japan chip plant as EV demand slows 129

Apple's OLED, touchscreen MacBook Pro upgrade could be arriving sooner than we expected

TechRadar

Apple's OLED, touchscreen MacBook Pro upgrade could be arriving sooner than we expected 128

Elon Musk is looking for a $134 billion payout from OpenAI and Microsoft

Engadget

Elon Musk is looking for a $134 billion payout from OpenAI and Microsoft 124

Amazon's live-action God of War adaptation adds Teresa Palmer

Engadget

Amazon's live-action God of War adaptation adds Teresa Palmer 124

Canon eyes 2027 inkjet wafer planarization launch

Digitimes

Canon eyes 2027 inkjet wafer planarization launch 117

Apple's LCD demand gives Radiant room to expand into AR and OLED

Digitimes

Apple's LCD demand gives Radiant room to expand into AR and OLED 116

Hyundai’s Boston Dynamics scoops up Tesla’s former Optimus head Milan Kovac

Electrek

Hyundai’s Boston Dynamics scoops up Tesla’s former Optimus head Milan Kovac 114

Sony and Netflix Will Keep Being Streaming Buddies

Gizmodo

Sony and Netflix Will Keep Being Streaming Buddies 114

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Apple and Google partnership on Gemini…

Apple and Google partnership on Gemini AI model signals major shift in Siri's…

2026's Breakthrough Technologies? MIT…

2026's Breakthrough Technologies? MIT Technology Review Chooses Sodium-ion…

Predator Spyware Turns Failed Attacks…

Predator Spyware Turns Failed Attacks Into Intelligence For Future Exploits

To Pressure Security Professionals,…

To Pressure Security Professionals, Mandiant Releases Database That Cracks Weak…

DRAM prices set to almost double by…

DRAM prices set to almost double by March 2026, and yes, we all have our AI…

Why reinforcement learning plateaus without representation depth (and other key…

Disney deleted a Thread because people…

Disney deleted a Thread because people kept quoting its movies at it

T2/Linux Brings a Flagship KDE Plasma…

T2/Linux Brings a Flagship KDE Plasma Linux Desktop to RISC-V and ARM64

ICYMI: the week's 7 biggest tech stories…

ICYMI: the week's 7 biggest tech stories like Apple losing to Google, and Meta…

Judge Orders Anna's Archive To Delete…

Judge Orders Anna's Archive To Delete Scraped Data