STMicroelectronics is a global semiconductor company that designs and manufactures a wide range of integrated circuits and components for various applications across multiple industries. The company focuses on innovation in areas such as automotive, industrial, personal electronics, and the Internet of Things (IoT). With a commitment to sustainability and advanced technology, STMicroelectronics develops solutions that enhance connectivity, efficiency, and performance in electronic devices. Their extensive product portfolio includes microcontrollers, sensors, power management devices, and RF components, catering to the evolving needs of customers worldwide. Read More
STMicroelectronics and Innoscience have joined forces to enhance GaN technology for AI data centers, EVs, and renewable energy. GaN power devices offer higher efficiency and a compact design, revolutionizing next-gen electronics.
The company’s partnership aims to leverage the advantages that GaN offers – high power density, efficiency, and reliability – to cater to the growing demand for data centers, thanks to artificial intelligence.
Trimble Inc. (NASDAQ: TRMB) and STMicroelectronics NV (NYSE: STM) have partnered to deliver advanced positioning solutions for automotive and IoT industries. The collaboration integrates Trimble's ProPoint Go engine with STMicroelectronics' Teseo VI GNSS chipsets, offering centimeter-level accuracy for applications such as automotive navigation, ADAS, and UAVs.
Bloomberg, citing unnamed sources, said Italian officials believe Jean-Marc Chery has failed to navigate the company through mounting industry challenges.
Top performing large-cap stocks in the last week: Unity, Super Micro Computer, Alibaba, FTAI Aviation, STMicroelectronics, XPeng, Analog Devices, BeiGene, Tencent Music, Microchip Technology.
Shares of STMicroelectronics are rising as the company prepares to launch next-gen technologies for improving optical connections in data centers and AI clusters.
Jefferies believes that there will be no further estimate cuts for the company headquartered in Switzerland. The brokerage notes that the growth forecast is expected to accelerate in the second half of 2025.
