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Ticker	Price	Change($)	Change(%)	Shares	Volume	Prev Close	Open	Gain($)	Gain(%)

Ticker	Status	Jurisdiction	Filing Date	CP Start	CP End	CP Loss	Deadline

Ticker	Case Name	Status	CP Start	CP End	Deadline	Settlement Amt

Ticker	Name	Date	Analyst Firm	Up/Down	Target ($)	Rating Change	Rating Current

STMicroelectronics Expects FY24 Net Revenues In The Range Of $15.9B- $16.9B (Vs. Consensus Of $17.23B); Sees Gross Margin In The Low To Mid-40's range, Plans To Invest About $2.5B In Net CAPEX

Author: Benzinga Newsdesk | January 25, 2024 02:16am

"For 2024, we plan to invest about $2.5 billion in net CAPEX."
"We will drive the Company based on a plan for FY24 revenues in the range of $15.9 billion to $16.9 billion. Within this plan, we expect a gross margin in the low to mid-40's."

Posted In: STM