Arm sinks as chip-making ambitions, muted forecast shake investor confidence https://t.co/9q816igaaB https://t.co/9q816igaaB
Arm tumbles after spending surge weighs on profit forecast https://t.co/lxZtK8f332
Arm stock tumbles on chip designer's muted profit forecast https://t.co/P5OBfP4mI0
STMicroelectronics reported a net loss for the second quarter of 2025, marking its first loss in over a decade. The company's revenue declined 14.4% year-over-year to $2.77 billion, while it posted an operating loss of $133 million compared to an expected profit of $56.2 million. This loss was primarily driven by $190 million in restructuring and impairment charges. Despite revenues exceeding the midpoint of guidance, supported by strong performance in Personal Electronics and Industrial segments, the company did not provide full-year guidance following the quarterly results. The announcement led to a sharp decline in STMicroelectronics' share price, which fell as much as 13%, representing its steepest drop in a year. Meanwhile, Arm Holdings experienced a decline in investor confidence amid disappointing smartphone royalty revenues and a muted profit forecast, resulting in a pre-market drop of around 7%. Accor also saw a nearly 9% fall in its stock price due to weak revenue and outlook.