Thursday, April 27, 2023

STMicroelectronics defies chips gloom with Q1 beat

STMicro reported first-quarter earnings per share (EPS) of $1.10 on a 20% increase in revenues to $4.25 billion. Analysts had expected EPS of $0.99 and revenues of $4.19 billion, according to IBES data from Refinitiv Eikon. https://ift.tt/kYlUAhn
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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...