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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.

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trinamiX, Visionox, and STMicroelectronics collaborate to introduce a cost-efficient, secure Face Authentication system for smartphones at Mobile World Congress 2024. The system includes a semi-transparent OLED display, a global-shutter CMOS sensor, and advanced algorithms for liveness detection, enabling integration into new smartphone series within six to nine months at competitive costs.
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STMicroelectronics announces the details of its common share repurchase program, disclosing transactions in own shares from Feb 12, 2024, to Feb 16, 2024. The company repurchased 135,318 ordinary shares at a weighted average purchase price of EUR 42.2351, totaling EUR 5,715,173.62. The purpose of the transactions was to meet obligations from debt financial instruments exchangeable into equity instruments.
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STMicroelectronics and Mobile Physics partner to create EnviroMeter, a groundbreaking air-quality monitor for smartphones. The collaboration introduces accurate personal air quality monitoring and smoke detection using time-of-flight optical sensing technology. The innovative solution aims to address global health concerns related to air pollution, offering users constant awareness and safety features on their smartphones.
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STMicroelectronics announces details of its common share repurchase program from Feb 05, 2024, to Feb 09, 2024. The company repurchased 151,293 ordinary shares at a weighted average price of EUR 41.0063 per share, totaling EUR 6,203,958.72. The purpose was to meet obligations from debt financial instruments. STMicroelectronics now holds 1.0% of its issued share capital in treasury shares.
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STMicroelectronics N.V. announces the full details of its common share repurchase program, disclosing the purchase of 222,962 ordinary shares at a weighted average purchase price of EUR 40.7996, totaling EUR 9,096,766.94. The purpose of these transactions was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments. Following the share buybacks, the Company holds a total of 9,404,709 treasury shares, representing approximately 1.0% of the Company’s issued share capital.
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STMicroelectronics announces the details of its common share repurchase program, disclosing the purchase of 164,962 ordinary shares at a weighted average purchase price of EUR 41.6591, totaling EUR 6,872,174.31. The purpose of the transactions was to meet obligations arising from debt financial instruments that are exchangeable into equity instruments. The company now holds a total of 9,181,747 treasury shares, representing approximately 1.0% of the company's issued share capital.
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STMicroelectronics N.V. reported Q4 net revenues of $4.28 billion, with a gross margin of 45.5% and an operating margin of 23.9%. The FY net revenues were $17.29 billion, with a gross margin of 47.9% and an operating margin of 26.7%. The net income for FY23 was $4.21 billion, an increase of 6.3% from the previous year. The Q1 business outlook forecasts a decrease in net revenues by 15.2% year-over-year and a decrease in gross margin by 15.9% sequentially.
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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 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 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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FAQ

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

The current stock price of STMicroelectronics N.V. (STM) is $25.67 as of December 24, 2024.

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

The market cap of STMicroelectronics N.V. (STM) is approximately 22.7B.

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.

STMicroelectronics N.V.

NYSE:STM

STM Rankings

STM Stock Data

22.70B
898.15M
8.53%
1.03%
Semiconductors
Technology
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United States of America
Geneva