STOCK TITAN
  1. Home
  2. News
  3. STM

STMicroelectronics N.V. - STM STOCK NEWS

Welcome to our dedicated page for STMicroelectronics N.V. news (Ticker: STM), a resource for investors and traders seeking the latest updates and insights on STMicroelectronics N.V. stock.

STMicroelectronics N.V. (STM) is a global leader in the semiconductor industry, designing and manufacturing a broad range of products for a variety of applications. Formed in 1987 through a merger between Italy's SGS Microelettronica and France's Thomson Semiconductors, the company has become a key supplier of analog chips, microcontrollers, sensors, and discrete power semiconductors, especially for industrial and automotive markets.

With more than 50,000 employees and a network of over 200,000 customers, STMicroelectronics has a strong global presence, characterized by state-of-the-art manufacturing facilities. The company is committed to driving innovation in electronics applications—from smarter mobility and efficient power management to cloud-connected autonomous systems.

In recent developments, STMicroelectronics has made significant strides towards sustainability, aiming for carbon neutrality on scopes 1 and 2, and partially on scope 3 by 2027. The company has entered into various partnerships and agreements to support this goal. Notably, STMicroelectronics signed a ten-year Power Purchase Agreement (PPA) with Centrica Energy for renewable energy in Italy, and expanded a silicon carbide (SiC) substrate wafer supply agreement with SiCrystal.

In the automotive sector, STMicroelectronics collaborates with Panasonic and Geely Auto Group on innovative projects. Panasonic has integrated STMicroelectronics' STM32F3 MCU and edge AI tools into their e-assisted bike, while Geely uses ST’s third-generation SiC MOSFETs in their electric vehicles to enhance performance and efficiency.

On the financial front, STMicroelectronics reported $3.47 billion in net revenues for Q1 2024. Despite a year-over-year decrease of 18.4%, the company continues to invest in future growth, as evidenced by their plans for a high-volume 200mm SiC manufacturing facility in Catania, Italy. This new facility, part of a larger Silicon Carbide Campus, is expected to commence production in 2026, supporting the company's leadership in SiC technology for automotive and industrial applications.

With a focus on R&D and substantial investments in sustainable energy and innovative technologies, STMicroelectronics remains a significant player in the semiconductor industry, driving advancements that support a more connected and environmentally friendly world.

News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
STMicroelectronics announces completion of common share repurchase program, buying 171,660 shares at an average price of EUR 42.7323 for a total of EUR 7,335,433.16. The company now holds approximately 0.6% of its issued share capital as treasury shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
buyback
-
News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
STMicroelectronics N.V. (STM) announces the details of its common share repurchase program, disclosing the repurchase of 178,084 ordinary shares, equal to 0.02% of its issued share capital, at a weighted average purchase price per share of EUR 44.2829, for an overall price of EUR 7,886,076.96. The purpose of the transactions was to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies of the issuer or of an associate company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
buyback
-
News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
STMicroelectronics (ST) announces details of its common share repurchase program, disclosing the repurchase of 153,252 ordinary shares at a weighted average purchase price of EUR 46.8093, totaling EUR 7,173,612.30. The purpose of the transactions is to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies. The company now holds 6,478,357 treasury shares, representing approximately 0.7% of the issued share capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
buyback
News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
buyback
-
News

STMicroelectronics Reports 2023 Second Quarter Financial Results

Rhea-AI Summary
STMicroelectronics (STM) reported a strong second quarter with net revenues of $4.33 billion, gross margin of 49.0%, operating margin of 26.5%, and net income of $1.00 billion. The first half net revenues increased by 16.1% year-over-year, with operating margin at 27.4% and net income at $2.05 billion. The third quarter business outlook forecasts net revenues of $4.38 billion, a 1.2% increase year-over-year and a 1.1% increase sequentially.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.2%
Tags
earnings
-
News

STMicroelectronics reveals innovative infrared (IR) sensor for presence and motion detection in building automation

Rhea-AI Summary
STMicroelectronics has launched a new infrared (IR) sensor for presence and motion detection in building automation. The sensor, called STHS34PF80, contains thermal transistors that can detect stationary objects, unlike conventional passive infrared (PIR) detectors. It also allows for simpler, lens-free construction. The sensor is targeted towards security systems, home automation, smart lighting, and IoT devices. It has a range of four meters and a 80° field of view. The sensor has a low power consumption and is resistant to direct lighting and electromagnetic interference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
STMicroelectronics (ST) announces details of its common share repurchase program, disclosing the repurchase of 165,564 ordinary shares (0.02% of issued share capital) at a weighted average purchase price of EUR 46.3267 during the period from Jul 17, 2023 to Jul 21, 2023, for a total price of EUR 7,670,039.87. The purpose of the transactions is to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies of the issuer or an associate company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
buyback
-
News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
STMicroelectronics N.V. (STM) announces the details of its common share repurchase program, revealing the repurchase of 80,751 ordinary shares at a weighted average purchase price of EUR 45.1609, totaling EUR 3,646,786.52. The purpose of the transactions was to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative, management, or supervisory bodies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
buyback
-
News

STMicroelectronics and Würth Elektronik cooperate for a high-performance power tool

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
News

STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary
STMicroelectronics announces the details of its common share repurchase program. In the period from July 3 to July 7, 2023, the company repurchased 161,500 ordinary shares at a weighted average purchase price of EUR 44.7502, for a total price of EUR 7,227,151.50. The repurchases were made to meet obligations arising from share option programs or other allocations of shares to employees or members of the administrative bodies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
buyback

FAQ

What is the current stock price of STMicroelectronics N.V. (STM)?

The current stock price of STMicroelectronics N.V. (STM) is $24.48 as of November 22, 2024.

What is the market cap of STMicroelectronics N.V. (STM)?

The market cap of STMicroelectronics N.V. (STM) is approximately 22.0B.

What does STMicroelectronics do?

STMicroelectronics designs, develops, manufactures, and markets semiconductor products for analog, digital, and mixed-signal applications.

How was STMicroelectronics formed?

STMicroelectronics was formed in 1987 through the merger of Italy's SGS Microelettronica and France's Thomson Semiconductors.

What industries does STMicroelectronics serve?

The company serves a wide range of industries, including automotive, industrial, and consumer electronics.

What are some recent achievements of STMicroelectronics?

Recent achievements include partnerships with Panasonic and Geely Auto Group, a new Power Purchase Agreement with Centrica Energy, and an expansion of their silicon carbide wafer supply agreement with SiCrystal.

What are STMicroelectronics' sustainability goals?

The company aims to achieve carbon neutrality on scopes 1 and 2, and partially on scope 3 by 2027.

What is the significance of the new SiC manufacturing facility in Catania?

The new facility will enhance STMicroelectronics' production capabilities for silicon carbide devices, supporting automotive and industrial applications with higher efficiency and sustainability.

How does STMicroelectronics contribute to smarter mobility?

The company provides advanced semiconductor solutions that enable efficient power management and autonomous functions in vehicles.

What financial performance did STMicroelectronics report for Q1 2024?

STMicroelectronics reported net revenues of $3.47 billion for Q1 2024, a year-over-year decrease of 18.4%.

How many customers does STMicroelectronics have?

STMicroelectronics serves more than 200,000 customers globally.

Where can I find more information about STMicroelectronics?

More information is available on the company's official website: www.st.com.

Stock STM logo
STMicroelectronics N.V.

NYSE:STM

STM Rankings

#524 Ranked by Market Cap
#1560 Ranked by Dividends

STM Stock Data

21.96B
899.18M
8.42%
0.76%
Semiconductors
Technology
Link
United States of America
Geneva