(Sharecast News) - Shares in STMicroelectronics plunged on Thursday, after second-quarter numbers from the European chipmaker disappointed investors, despite ongong robust demand from datacentres.
Net revenues were $3.5bn in the three months to 27 June, up 26% year-on-year and ahead of consensus, while net income was $222m. Last year the company...

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE