Italy's STMicroelectronics Faces Leadership Shake-Up Amid Performance Concerns

In a significant development for the semiconductor industry, Italy is reportedly pushing for the removal of Jean-Marc Chery, the CEO of STMicroelectronics. This move comes as the company grapples with challenges related to its performance metrics and strategic direction. Stakeholders have expressed their dissatisfaction over the company's latest financial results, which have not met expectations.

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