STMicroelectronics reported Q3 net revenue of $3.76 billion, up 17.9% from a year earlier and 7.7% from Q2, with gross margin of 37.3% and net income of $291 million ($0.31 diluted EPS). The company guided Q4 revenue to $4.15 billion at the midpoint, up about 10.5% sequentially, with gross margin of about 39%. CEO Jean-Marc Chery cited AI data centers and LEO satellite communication as company-specific growth drivers.
In an environment where demand remains well above supply, we continue to expand capacity aligned with ST's strategic roadmap.
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AUO's board approved selling its Taichung Plant Phase II buildings, cleanrooms and facility equipment in Xitun District to TSMC for NT$38.8 billion (about US$1.2 billion) before tax, per AUO's TWSE material-information filing as reported by TechNews and DigiTimes. AUO expects a disposal gain of about NT$18.5 billion, with payment in installments under the property contract. Separately, AUO ended a planned NT$19.7 billion sale of its Huaya site to Quanta because the two sides could not agree on specs and delivery timing.
China's CXMT plans to begin limited HBM3E production within about two months despite yields of only 20% to 30%, Reuters reported Oct 28, citing two people familiar. It has sampled HBM3E to domestic AI chip designers, versus roughly 70% yields at SK Hynix, the sources said. CXMT did not respond to Reuters.
Marvell is in advanced talks to acquire optics maker Lumentum, Bloomberg News reported Oct 28, citing people familiar, and a source told Reuters the same. A deal could be announced as soon as next week, though talks are private and no agreement has been reached. Lumentum rose about 9% after hours and Marvell fell more than 8%, per Reuters.
Anduril now says its BlueChip laptop, which uses Qualcomm Snapdragon X chips, is being developed to exceed the 65% US domestic-content threshold at its 2027 launch, per a statement to The Verge. The company says the final percentage is still being determined. On Tuesday, Anduril said it could not confirm whether the launch model would clear 65%, and put the prototype at about 32% US-origin by component cost.
Samsung reported record third-quarter operating profit of 107.4 trillion won and said it is the world's first tech company to exceed 100 trillion won in quarterly operating profit. Its chip division earned 106.5 trillion won of that, and Samsung said on its call it expects 2027 results to surpass 2026.
