(Reuters) – STMicroelectronics, one of Europe’s largest chipmakers, said on Thursday it expects an improvement in third quarter sales.
The company said it expects third quarter net revenues of $4.38 billion, against the $4.33 billion it posted for the second quarter which ended on July 1, 2023.
Second quarter sales were roughly above a consensus from Refinitiv data, which had expected $4.27 billion.
(Reporting by Olivier Sorgho; Editing by Jacqueline Wong)
