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STMicro Revenue Forecast Misses as Auto Sales Slump

STMicroelectronics NV reported weaker sales than analysts expected, exacerbated by a slowdown in chip demand from the automotive sector.Shares fell as much as 5.6%, the biggest intraday drop in three months, and were down 3.5% to €37.84 at 9:21 a.m. in Paris....

Read more at bloomberg.com

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