STM earnings call for the period ending June 27, 2020.
News & Analysis: STMicroelectronics
Chipmakers Texas Instruments and STMicroelectronics posted strong results, paired with optimistic analyses of the sector's prospects amid the COVID-19 crisis.
These three companies might not pay the highest yields now, but their stable businesses and low payout ratios indicate that they could pay much higher dividends in the future.
The microchip maker showed signs of recovery after a few painfully lean quarters.
After working through overflowing inventories in its distribution pipeline, the company is back to chasing market share in the industrial computing sector.
STM earnings call for the period ending December 31, 2018.
The semiconductor company reported fourth-quarter results and forecast a strong second half for 2019.
Slow orders from Chinese customers inspired the chipmaker's management to issue modest fourth-quarter guidance.
Cautious management commentary from Texas Instruments and STMicroelectronics triggered a sectorwide panic on Wednesday.
Investors panicked over modest next-quarter revenue guidance, despite the solid third-quarter report this forecast was tied to.