News Digest /
Ticker: STM
Ticker: STM
04:56am, Wednesday, Jun 10, 2026
STMicroelectronics stock jumps 2.4% as Bank of America upgrades rating to Buy with a price target of €86, citing growth in optical interconnects, LEO satellites, and a strong Q1 beat.
03:34am, Wednesday, Sep 17, 2025
STMicroelectronics (STM) commits $60M to a Panel-Level Packaging (PLP) pilot line in Tours, France, targeting Q3 2026 start. Move signals focus on advanced packaging/onshoring; execution, ramp and labor risks remain.
07:19am, Wednesday, Jun 04, 2025
STMicroelectronics CEO Jean-Marc Chery signals a potential market upcycle in the tech sector, predicting stronger revenue growth. With expectations of hitting $2.71 billion in Q2, investors should consider reassessing tech stock positions as demand rises.
07:44am, Wednesday, Nov 20, 2024
Shares of STMicroelectronics (NYSE: STM) tumbled as the company postponed its $20 billion revenue target to 2030, adjusting interim goals due to semiconductor sector challenges. Focused on automotive growth, STMicro plans to optimize manufacturing and reduce costs.
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