STMicroelectronics is trading at $40.80, down 10.53%, amid broad semiconductor weakness and concern that tighter scrutiny of AI data centers could slow projects and raise costs.
- Qualcomm’s weak handset-chip outlook added pressure across the sector; its handset revenue fell 26% to $5.14 billion.
- Available coverage describes a sector-wide decline, not a new company-specific catalyst for STMicroelectronics; major U.S. indexes were sharply lower.