European- and Asian-listed microchip stocks slumped Wednesday after Bloomberg News reported that Apple won''t boost supplies of the latest iPhone after lower-than-expected demand. STMicroelectronics slumped 5% in Paris, ASM International fell 4% in Amsterdam, Infineon Technologies dropped 3% in Frankfurt and Taiwan Semiconductor closed 2% lower in Taipei. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Major players in the gyroscope market are Analog Devices Inc. , Colibrys Ltd, Fizoptika Corp, Honeywell International Inc, InnaLabs, InvenSense, Kionix Inc, KVH Industries Inc, Murata Manufacturing Co Ltd, Northrop Grumman Corporation, NXP Semiconductor, Robert Bosch, Sensonor AS, STMicroelectronics, Systron Donner Inertial, TDK Corporation, Trimble Inc. Major players in the gyroscope market are Analog Devices Inc. , Colibrys Ltd, Fizoptika Corp, Honeywell International Inc, InnaLabs, InvenSense, Kionix Inc, KVH Industries Inc, Murata Manufacturing Co Ltd, Northrop Grumman Corporation, NXP Semiconductor, Robert Bosch, Sensonor AS, STMicroelectronics, Systron Donner Inertial, TDK Corporation, Trimble Inc.
STMicroelectronics N.V. (NYSE:STM) concluded the trading at $35.65 on Wednesday, September 21 with a rise of 0.22% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $35.57 and 5Y monthly beta was reading 1.36 with its price kept floating in the range … The Behavior Of STMicroelectronics N.V. (STM) Stock Is Not As Predictable As You Think Read More »
STMicroelectronics N.V. (STM)’s stock is trading at $36.22 at the moment marking a rise of 1.81% from the last session close. As of this writing, shares are priced at -30.56% less than their 52-week high of $52.15, and 27.74% over their 52-week low of $28.35. Based on the past 30-day period, the stock price is […]
Dogs will be allowed to ride the metro in Montreal starting October 15 as a part of a pilot project being launched by the Société de Transport de Montréal (STM). In April, the city announced dogs would be allowed on the train by the end of the year after Montreal SPCA’s began a ‘Fido Takes […] The post STM pilot project allowing dogs on Montreal metro, as of Oct. 15 appeared first on CityNews Montreal .
Major players in the solid state battery market are Cymbet, Robert Bosch GmbH, SolidEnergy System, Toyota Motor Corporation, Solid Power, Excellatron Solid State, BrightVolt, Samsung SDI Co. Ltd. , QuantumScape, Stmicroelectronics N. Major players in the solid state battery market are Cymbet, Robert Bosch GmbH, SolidEnergy System, Toyota Motor Corporation, Solid Power, Excellatron Solid State, BrightVolt, Samsung SDI Co. Ltd. , QuantumScape, Stmicroelectronics N.
Major players in the microelectromechanical systems market are STMicroelectronics, Hewlett Packard Enterprise Development LP, Texas Instruments Incorporated, Bosch Limited, Robert Bosch GmbH, Knowles Electronics, Canon Inc, Panasonic Corporation, Broadcom, InvenSense, Sensata Technologies, Murata Manufacturing Co. Major players in the microelectromechanical systems market are STMicroelectronics, Hewlett Packard Enterprise Development LP, Texas Instruments Incorporated, Bosch Limited, Robert Bosch GmbH, Knowles Electronics, Canon Inc, Panasonic Corporation, Broadcom, InvenSense, Sensata Technologies, Murata Manufacturing Co.
Major players in the data converter market are Analog Devices, Asahi Kasei Microdevices, Cirrus Logic, Maxim Integrated, Microchip Technology, NXP Semiconductors, On Semiconductor, STMicroelectronics, Texas Instruments, Intersil (Renesas), Renesas Electronics Corporation, Mouser Electronics Inc, Cypress Semiconductor, Silicon Lab and ROHM Co Ltd. Major players in the data converter market are Analog Devices, Asahi Kasei Microdevices, Cirrus Logic, Maxim Integrated, Microchip Technology, NXP Semiconductors, On Semiconductor, STMicroelectronics, Texas Instruments, Intersil (Renesas), Renesas Electronics Corporation, Mouser Electronics Inc, Cypress Semiconductor, Silicon Lab and ROHM Co Ltd.
STMicroelectronics is continuously buying back shares. Click here to see why ongoing buyback and the latest company announcement should support STM.
Major players in the position sensors market are Honeywell International Inc, AMS AG, TE Connectivity Ltd, Vishay Intertechnology Inc, Infineon Technologies, Bourns Inc, TRW Automotive Inc, Stoneridge Inc, CTS Corporation, Panasonic Corporation, Heidenhain, Gill Sensors & Controls Limited, STMicroelectronics NV, Allegro Microsystems Inc, Sick AG, Balluff Inc and Continental Corporation. Major players in the position sensors market are Honeywell International Inc, AMS AG, TE Connectivity Ltd, Vishay Intertechnology Inc, Infineon Technologies, Bourns Inc, TRW Automotive Inc, Stoneridge Inc, CTS Corporation, Panasonic Corporation, Heidenhain, Gill Sensors & Controls Limited, STMicroelectronics NV, Allegro Microsystems Inc, Sick AG, Balluff Inc and Continental Corporation.
As of Thursday, STMicroelectronics N.V.’s (NYSE:STM) stock closed at $36.16, up from $35.96 the previous day. While STMicroelectronics N.V. has overperformed by 0.56%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, STM fell by -18.28%, with highs and lows ranging from $52.15 to $28.35, whereas the […]
STMicroelectronics (STM) announced the repurchase of 214,743 ordinary shares (equal to 0.02% of its issued share capital) on the regulated market of Euronext Paris, in the period…
A corporate team from national law firm Weightmans has advised the AIM-listed multi-jurisdictional financial services group, STM Group PLC (STM), on its acquisition…
STMicroelectronics N.V. (NYSE:STM) has a beta value of 1.55 and has seen 1.19 million shares traded in the recent trading session. The company, currently valued at $33.57B, closed the recent trade at $35.00 per share which meant it lost -$0.39 on the day or -1.10% during that session. The STM stock price is -49.0% off … STMicroelectronics N.V. (STM) Shares Are Down -21.06% So Far This Year Read More »
STMicroelectronics and trinamiX collaborate on behind -OLED face-authentication solution to be showcased live at IFA 2022
We believe that despite the semiconductor industry supply constraints, the company is maintaining its efficiency with solid inventory management.
With the recent announcement of the company to expand production in partnership with STMicroelectronics, we projected this to result in an annual capacity growth of 5%.
STMicroelectronics N.V. (NYSE:STM) price is hovering lower on Tuesday, August 16, dropping -3.89% below its previous close. A look at today’s price movement shows that the recent level at last check reads $38.26, with intraday deals fluctuating between $37.89 and $38.58. The company’s 5Y monthly beta was ticking 1.36 while its P/E ratio in the … Does STMicroelectronics N.V. (NYSE: STM) Need To Rethink Its Strategy? Read More »
STMicroelectronics N.V. with ticker code (STM) now have 7 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 75 and 43 and has a mean target at 58.57. Given that the stocks previous close was at 37.66 this is indicating there is a potential upside of 55.5%. There is a 50 day moving average of 35.01 and the 200 day MA is 41.79. The market capitalisation for the company is $35,405m. Company Website: https://www.st.com [stock_market_widget type="chart" template="basic" color="green" assets="STM" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $55,062m based on the market concensus. STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.
In recent trading session, STMicroelectronics N.V. (NYSE:STM) saw 1.04 million shares changing hands at last check today with its beta currently measuring 1.55. Company’s recent per share price level of $38.27 trading at $0.61 or 1.62% at last check today assigns it a market valuation of $35.00B. That most recent trading price of STM’s stock … STMicroelectronics N.V. (NYSE:STM) Share Price Rebounds 25.92% From The Lows – But Can It Keep Going? Read More »
ROME: Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters on Thursday. Intel’s investment in Italy is part of a wider plan announced by the U.S. chipmaker earlier this year to invest $88 billion in building capacity across Europe, which is striving to cut its reliance on Asian chip imports and ease a supply crunch that has curbed output in the region’s strategic car sector. Asking not to be named due to the sensitivity of the matter, the sources said the government of outgoing Prime Minister Mario Draghi was working to have an agreement in place by the end of August, ahead of a snap national election scheduled on Sept. 25. Sources have previously told Reuters that Rome is ready to fund as much as 40% of Intel’s total investment in Italy, which is expected to rise over time from the initial $5 billion. Draghi’s office and Intel both declined to comment.
https://www.investing.com/news/pro/stmicroelectronics-nv-pt-lowered-to-eur72-at-societe-generale-432SI-2860235
European shares fell on Tuesday as weak global factory data fanned economic slowdown fears, while markets were on edge as U.S. House of Representatives Speaker Nancy Pelosi was expected to visit Taiwan. The pan-European STOXX 600 slid 0.6% in morning trade. Pelosi was set to visit Taiwan on Tuesday, three sources said, as the United States said it wouldn’t be intimidated by Chinese threats to never “sit idly by” if she made the trip to the self-ruled island claimed by Beijing. “After the best month for Stoxx 600 in July, European equities are giving back some of those gains to kick off August suggesting the rally was slightly overdone,” Victoria Scholar, head of investment at Interactive Investor, said. “Although Pelosi’s visit could create a deeper strain between Beijing and Washington it is unlikely to result in actual military conflict.” Global markets were jittery, with MSCI’s broadest index of Asia-Pacific shares ex-Japan down 1.3%, while U.S. futures pointed to a lower open. Energy stocks drag European shares lower, reversing earlier gains In Europe, semiconductor stocks such as ASML Holding, ASM International, BE Semiconductor and STMicroelectronics fell between 0.6% and 3.6%. “Most of the chip production happens in Asia.
STMicroelectronics N.V. (NYSE:NYSE:STM) Q2 2022 Earnings Conference Call July 28, 2022 3:30 AM ET Company Participants Celine Berthier - Group Vice President, Investor Relations Jean-Marc…
STMicroelectronics NV (NYSE: STM) Q2 2022 earnings call dated Jul. 28, 2022 Corporate Participants: Celine Berthier — Group Vice President of Investor Relations Jean-Marc Chery — President and Chief Executive Officer Lorenzo Grandi — President of […] The post STMicroelectronics NV (STM) Q2 2022 Earnings Call Transcript first appeared on AlphaStreet .
STMicroelectronics delivered strong Q2 results in all divisions. Read more to know why we reaffirm our buy rating valuation and our target price for STM stock.
STMicroelectronics NV (NYSE: STM ) reported second-quarter FY22 revenue growth of 28.3% year-on-year to $3.84 billion, beating the consensus of $3.75 billion. Sales to OEMs increased by 31.7% Y/Y, and Distribution sales improved by 22.2% Y/Y. Automotive and Discrete Group (ADG) revenue rose 35.1% Y/Y to $1.45 billion. Analog, MEMS, and … Full story available on Benzinga.com
The following slide deck was published by STMicroelectronics N.V.
STMicroelectronics (NYSE: STM ) reported its Q2 earnings results on Thursday, July 28, 2022 at 01:00 AM. Here''s what investors need to know about the announcement. Earnings STMicroelectronics beat estimated earnings by 15.0%, reporting an EPS of $0.92 versus an … Full story available on Benzinga.com
In the latest trading session, 1.17 million STMicroelectronics N.V. (NYSE:STM) shares changed hands as the company’s beta touched 1.52. With the company’s most recent per share price at $35.48 changing hands around $1.19 or 3.47% at last look, the market valuation stands at $31.20B. STM’s current price is a discount, trading about -46.98% off its … STMicroelectronics N.V. (STM): Why Is Stock So Good? Read More »
STMicroelectronics (STM) is scheduled to announce Q2 earnings results on Thursday, July 28th, before market open.The consensus EPS Estimate is $0.80 (+81.8% Y/Y) and the consensus…
GENEVA (dpa-AFX) - CARIAD, the software unit of Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE), and STMicroelectronics (STM) announced they will shortly launch the joint development of an automotive s…
Volkswagen (VLKAF) and chipmaker STMicroelectronics N.V. (STM) plan on developing a new semiconductor chip for software-defined vehicles. Read more.
PARIS (Reuters) – German automaker Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global chip crunch that has put strains on the car industry’s supply chain, the companies said on Wednesday.
STMicroelectronics (NYSE: STM ) has outperformed the market over the past 10 years by 10.92% on an annualized basis producing an average annual return of 22.18%. Currently, STMicroelectronics has a market capitalization of $30.77 billion. Buying $1000 In STM: If an … Full story available on Benzinga.com
TAIPEI/SHANGHAI/SINGAPORE : From his small office in Singapore, Kelvin Pang is ready to wager a US$23 million (RM102.4 million) payday that the worst of the chip shortage is not over for automakers – at least in China. Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power systems and charging, which cost the original buyer US$23.80 each in Germany. He’s now looking to sell them to auto suppliers in the Chinese tech hub of Shenzhen for US$375 apiece. He says he has turned down offers for US$100 each, or US$6.2 million for the whole bundle, which is small enough to fit in the back seat of a car and is packed for now in a warehouse in Hong Kong. “The automakers have to eat,“ Pang told Reuters. “We can afford to wait.” The 58-year-old, who declined to say what he himself had paid for the microcontrollers (MCU), makes a living trading excess electronics inventory that would otherwise be scrapped, connecting buyers in China with sellers abroad.
The article focuses on how value can be unlocked through the joint operation between vertically integrated STMicroelectronics and GlobalFoundries. Read more.
The trading price of STMicroelectronics N.V. (NYSE:STM) floating higher at last check on Wednesday, July 13, closing at $31.58, 1.38% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it has … What Direction Does STMicroelectronics N.V. (NYSE: STM) Analysts Think The Company Will Take? Read More »
STMicroelectronics (STM) and Globalfoundries (GFS) have joined forces to build a semiconductor chip manufacturing plant in France. Swiss-based STMicroelectronics is a multinational chipmaker, with France and Italy as its largest shareholders, with around 14% each. California-based Globalfoundries is an American semiconductor company that manufactures chips on contract. STM''s French Semiconductor Project STMicroelectronics and Globalfoundries are expected to invest €5.7 billion in their French semiconductor factory. The companies are hoping for financial support from the French government towards the project. The facility will produce chips for cars, Internet of Things (IoT) devices, and mobile applications.
STMicroelectronics''s (NYSE: STM ) short percent of float has risen 17.86% since its last report. The company recently reported that it has 2.95 million shares sold short , which is 0.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 0.7 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com
STMicroelectronics''s (NYSE: STM ) short percent of float has risen 17.86% since its last report. The company recently reported that it has 2.95 million shares sold short , which is 0.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 0.7 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com
BET À DAY Semiconductor manufacturers GlobalFoundries (American) and STMicroelectronics (Franco-Italian) will build a factory near Grenoble to produce semiconductors, for an estimated investment of 5.7 billion euros , according to the two companies and the French executive. The new factory is expected to create around 1,000 additional jobs at the Crolles site, near the French […] The post Semiconductors: STMicro and GlobalFoundries will build a 5.7 billion euro factory in France appeared first on The Bobr Times .
GlobalFoundries Inc and STMicroelectronics will announce on Monday plans to build a semiconductor factory in France for an investment of nearly 4 billion euros, as part of Europe''s efforts to boost its independence in microchips, Le Figaro reported on Sunday.
GlobalFoundries Inc and STMicroelectronics will announce on Monday plans to build a semiconductor factory in France for an investment of nearly 4 billion euros, as part of Europe''s efforts to boost its independence in microchips, Le Figaro reported on Sunday.
Semiconductor stocks rose on Friday on reports that STMicroelectronics (STM) and GlobalFoundries (GFS) were set to announce plans next week to build a new chip factory in France and …
Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics, First Sensor AG, Siemens, Amphenol Corporation, Bosch Sensortec, NXP Semiconductors, Renesas Electronics, Teledyne Digital Imaging Inc, Figaro Engineering Inc, Endress+Hauser, Safran Colibrys SA, Integrated Device Technology, and Infineon Technologies are major players in the industrial sensor market. Rockwell Automation, Honeywell International, TE Connectivity, Panasonic Corporation, STMicroelectronics, First Sensor AG, Siemens, Amphenol Corporation, Bosch Sensortec, NXP Semiconductors, Renesas Electronics, Teledyne Digital Imaging Inc, Figaro Engineering Inc, Endress+Hauser, Safran Colibrys SA, Integrated Device Technology, and Infineon Technologies are major players in the industrial sensor market.
STMicroelectronics reveals FlightSense multi-zone ToF sensor for gesture recognition, intruder alert, and human presence detection in front of PC Cost-effective non-vision-based turnkey solution d…
STMicroelectronics reveals FlightSense™ multi-zone ToF sensor for gesture recognition, intruder alert, and human presence detection in front of PC …
Major players in the power electronics market are ABB Ltd, Fuji Electric Co. Ltd. , Infineon Technologies AG, Microsemi Corporation, Mitsubishi Electric Corporation, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments incorporated, Toshiba Corporations, Vishay Intertechnology, NXP Semiconductors , GaN Systems Inc. Major players in the power electronics market are ABB Ltd, Fuji Electric Co. Ltd. , Infineon Technologies AG, Microsemi Corporation, Mitsubishi Electric Corporation, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments incorporated, Toshiba Corporations, Vishay Intertechnology, NXP Semiconductors , GaN Systems Inc.
SiC Power Devices Market Provides : Fairchild Semiconductor International, Infineon Technologies, Mitsubishi Electric Corp, STMicroelectronics N.V., Toshiba Corp, Fuji Electric Co Ltd, International Rectifier, ON Semiconductor Corp, Renesas Electronics Corp, Vishay Intertechnology Inc and more prominent players are profiled. SiC Power Devices market research report focuses on the SiC Power Devices market size by Players, by Types, by Applications and by Regions for the period 2016-2031. Dallas, TX -- ( SBWIRE ) -- 07/05/2022 -- Global SiC Power Devices Market: Overview This report focuses on the SiC Power Devices market size by players, by type and by application, for the period 2022-2031. The SiC Power Devices market research report covers the qualitative as well as quantitative assessment of the global SiC Power Devices market drivers, constraints, key opportunities, and challenges faced by the industry players in the certain industry. The competitive scenario of the SiC Power Devices market contains highly exclusive information about the leading suppliers along with industry potentials, company overview, product sales as well as revenue, industry shares, pricing structure, and SWOT analysis.