STM News and Press, STMicroelectronics N.V. From 06/17/24

2024-06-17 18:00:09 ET Alexander Duval from Goldman Sachs issued a price target of $45.80 for STM on 2024-06-17 17:15:00. The adjusted price target was set to $45.80. At the time of the announcement, STM was trading at $43.1. The overall price target consensus is at $50....

2024-06-08 05:17:00 ET Summary VanEck Semiconductor ETF has had a strong performance in Q1 of 2024 versus the prior quarter, up 28.9%. In Q1 2024, NVIDIA reported EPS of $5.98, a significant increase of 629% from the previous year. In Q1 2024, Taiwan Semiconductor Manufacturin...

2024-06-07 14:33:22 ET Summary AIXTRON has been underperforming compared to many larger semiconductor equipment companies due to a downturn in the electric vehicle market and concerns of a silicon carbide (SiC) glut. A supply/demand imbalance in SiC could linger into 2025, but the...

Geely Auto Gears up NEV Transformation and Innovation with Long-Term SiC Supply Agreement and Joint Lab with STMicroelectronics ST’s third generation SiC MOSFETs help increase the powertrain efficiency for Geely Auto Group battery electric vehicles. Innovation Joint Lab s...

2024-05-31 08:21:46 ET Summary STMicroelectronics has shown remarkable growth in the SiC market, outpacing the overall market with a 40% average growth rate. The company has gained significant market share in the MCU market, becoming the market leader with a 17.3% share. STMic...

2024-05-31 06:35:07 ET More on STMicroelectronics STMicroelectronics: Attractive Risk/Reward After Guidance Cut STMicroelectronics N.V. (STM) Q1 2024 Earnings Call Transcript STMicroelectronics Is Significantly Undervalued With High Growth Potential Semicondu...

PR N° C3262C STMicroelectronics to build the world’s first fully integrated silicon carbide facility in Italy New high-volume 200mm silicon carbide manufacturing facility for power devices and modules, as well as test and packaging, to be built in Catania, Ital...

2024-05-24 06:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although the technology sector seemingly appeared stretched, its continued impressive performance may warrant a reconsideration of semiconductor stocks to buy. Stated bluntly, concerns that...

2024-05-23 07:37:09 ET Summary Monolithic Power Systems is a solid investment for exposure to AI and electrification megatrends, which should generate 3x returns by 2030. MPS has a competitive advantage in efficiency and miniaturization, with a large patent portfolio and ability t...

PowerUP Asia 2024: Leading Power Semiconductor Companies to Discuss Challenges, Trends, and Latest Innovations TAIPEI, TW, May 23, 2024 - (ACN Newswire) - Leading power semiconductor companies including STMicroelectronics (ST), Texas Instruments Inc. (TI), Efficient Power Conversion...