STMicroelectronics Reports Q1 2026 Financial Results
STMicroelectronics announced its Q1 2026 financial results, with net revenues increasing 23% year-over-year to $3.10 billion and gross margin at 33.8%. Despite a sequential revenue decline of 7%, the company exceeded its guidance midpoint, with solid demand in personal electronics and CECP. The recent acquisition of NXP's MEMS sensor business contr…