STMicroelectronics (EPA:STMPA) declines after profit falls short, raising questions over AI surge

Shares of STMicroelectronics N.V. dropped 13.6% to €50.32 as of 11:48 CEST on Thursday. The company's second-quarter EBITDA came in almost 15% below expectations. An increased AI data-centre goal did not offset the disappointment.

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