$STMicroelectronics NV(STM)$ STM's second downgrade in a row is really putting a damper on my enthusiasm for the chipmaker. I had high hopes for them to weather the storm better, given their strong client base including Tesla and Apple. But it looks like even the tech giants aren't immune to the broader economic headwinds. that's concerning. I'm going to have to reassess my position in STM. I'm hoping they can find a way to turn things around soon, but in the meantime, I'm keeping my fingers crossed and staying cautious.
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