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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

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STMicroelectronics N.V. has announced the full details of its common share repurchase program, disclosing the transactions made in the period from January 15, 2024, to January 19, 2024. The company repurchased 154,144 ordinary shares, equal to 0.02% of its issued share capital, at a weighted average purchase price per share of EUR 39.6132, for an overall price of EUR 6,106,130.29. The purpose of these transactions was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments.
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STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics N.V. announces the full details of its common share repurchase program, including the number of shares repurchased, the weighted average purchase price per share, and the overall price paid. The purpose of the repurchase transactions is to meet obligations arising from debt financial instruments that are exchangeable into equity instruments. The company now holds approximately 1.0% of its issued share capital as treasury shares.
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Sphere Studios and STMicroelectronics reveal new details on the world’s largest cinema image sensor

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Sphere Entertainment Co. (NYSE: SPHR) and STMicroelectronics (NYSE: STM) have collaborated to create the world's largest image sensor for the Big Sky camera system, designed to capture ultra-high-resolution content for Sphere, the next-generation entertainment medium in Las Vegas. The 18K sensor, now the largest cinema camera sensor in commercial use, is a groundbreaking achievement, allowing the capture of detailed, large-format images for the world's largest, high-resolution LED screen at Sphere. With 316 megapixels, the sensor is almost 7x larger and 40x higher resolution than full-frame sensors found in high-end commercial cameras. It is also capable of capturing images at 120 fps and transferring data at 60 gigabytes per second. The system eliminates the need to stitch content together from multiple cameras, avoiding common issues associated with stitching. Ten patents have been filed by Sphere Studios in association with Big Sky's technology, and Darren Aronofsky's Postcard from Earth is the first cinematic production to utilize Big Sky, featuring stunning visuals that have captivated audiences at Sphere.
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STMicroelectronics announces new organization

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STMicroelectronics (STM) announces a new organization to deliver enhanced product development innovation and efficiency, time-to-market, and customer focus by end market. The company is reorganized into two Product Groups, split into four Reportable Segments, with a new application marketing focus by end market across all regions to complement the existing sales and marketing organization.
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STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics N.V. (STMicroelectronics) announces the full details of its common share repurchase program, disclosing transactions in its own shares from Jan 2, 2024, to Jan 5, 2024. The company repurchased 156,161 ordinary shares at a weighted average purchase price of EUR 42.6690, totaling EUR 6,663,231.52. This represents approximately 0.02% of its issued share capital. The purpose of the transactions was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments. The company now holds 8,667,000 treasury shares, representing approximately 1.0% of its issued share capital.
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STMicroelectronics Announces Timing for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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STMicroelectronics (NYSE: STM) to release fourth quarter and full year 2023 earnings on January 25, 2024, with a conference call to discuss financial results and business outlook.
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STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics N.V. (STMicroelectronics) announces the details of its common share repurchase program, disclosing the repurchase of 100,316 ordinary shares at a weighted average purchase price per share of EUR 45.9199, totaling EUR 4,606,505.58. The purpose of the transactions was to meet obligations arising from debt financial instruments exchangeable into equity instruments. The company now holds 8,535,034 treasury shares, approximately 0.9% of its issued share capital.
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STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics N.V. (ST) announces the details of its common share repurchase program, disclosing the repurchase of 211,000 ordinary shares at a weighted average purchase price of EUR 45.0271 per share for a total of EUR 9,500,715.00. The purpose of these transactions is to meet obligations arising from debt financial instruments that are exchangeable into equity instruments. The company now holds a total of 8,434,718 treasury shares, representing approximately 0.9% of the issued share capital.
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STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics N.V. (STMicroelectronics) announces the full details of its common share repurchase program, disclosing transactions in own shares from Dec 04, 2023 to Dec 08, 2023. The company repurchased 209,674 ordinary shares at a weighted average purchase price per share of EUR 44.0067, amounting to EUR 9,227,054.75. The purpose of the transactions was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments. STMicroelectronics now holds a total of 8,223,718 treasury shares, representing approximately 0.9% of the Company’s issued share capital.
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STMicroelectronics reveals a new global-shutter image sensor that offers high resolution in a compact form factor and low power consumption

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STMicroelectronics (NYSE: STM) introduces the VD55G1 global-shutter image sensor, offering high resolution in a compact form factor and low power consumption. The sensor is designed for AR/VR, personal and industrial robotics, drones, barcodes, biometrics, and embedded vision. It measures 2.7mm x 2.2mm, has a native resolution of 800 x 700 pixels, and is sampling now, with volume production slated for March 2024.
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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.

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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
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