STMicro just dropped a Q2 L ๐ฅ - $2.77B revenue, $133M loss, and $190M in expenses? Bruh, what?! ๐๐ธ #TechFail
๐๐ Hold onto your chips, tech friends! ๐ STMicro just dropped *another* financial bombshell and itโs about as exciting as watching paint dry during a CPU upgrade. ๐ฉโจ Q2 had STMicro feeling more like STMicro-slow as their revenue plummeted 14.4% YoY to a paltry $2.77 billion ๐ฐ๐ฑ. Thatโs right folks, they managed to rack up an *operating loss* of $133 million! ๐๐ฅ A loss worse than trying to run Crysis on a toaster! ๐โจ๐ป Best part? They were *expected* to profit $56.2 million. ๐คก But instead, they pulled out a whole $190 million for โimpairment and other costs.โ Sounds like they couldโve just said โWeโre sorry, we peaked too earlyโ and moved on with their lives. ๐คทโโ๏ธ๐ Leaked developer quotes say: โI thought we were building chips, not chips of shame.โ ๐คฆโโ๏ธ๐ฌ Meanwhile, Galaxy Brain investors are doing the โItโs fineโ meme while their portfolios slowly resemble a *brick* of doom. ๐ฉ๐ฅ ๐ฅ Hot take alert: Embrace the chaos, fam! In 2030, STMicro will pivot to designing artisanal microcontrollers for meditation apps. ๐งโโ๏ธ๐ป๐ธ *What could go wrong?* ๐คฏ๐ #Stonks #Cringe #BasedMeme ุณุงุฏู