Tag: STMicro
STMicro: in the green, an analyst adjusts his advice
(CercleFinance.com) – STMicroelectronics gained just under 1% in Paris after AlphaValue announced that it was raising its recommendation on the stock to ‘buy’ versus ‘accumulate’, after the presentation of ‘extremely…
ST-Micro: recrosses 41E, remains in a downtrend
(CercleFinance.com) – ST-Micro recrosses 41E but remains stuck below the former low of 20/12.The title remains in a downtrend with a potential downturn until around 36.5E. Copyright © 2022 CercleFinance.com.…
STMICRO: Barclays reiterates its positive opinion on the stock
Keagan Bryce-Borthwick of Barclays maintains his positive view of the stock with a Buy recommendation. The target price is raised to 65 EUR against 58 EUR beforehand. Zonebourse with dpa-AFX…
STMicro will double its investments in the face of strong demand for chips
PARIS, Jan 27 (Reuters) – Franco-Italian chipmaker STMicroelectronics plans to double its investments this year to $3.6 billion (3.2 billion euros) to meet the strong demand for semiconductors which boosted…
STMicro: 29% increase in net income in the 4th quarter
(CercleFinance.com) – STMicroelectronics publishes net income for the fourth quarter of 2021 up 28.9% year-on-year, at $750 million, or $0.82 per share, as well as an operating margin improved by…
STMicro: contribution to a combat robot – 12/21/2021 at 4:05 pm
(CercleFinance.com) – STMicroelectronics announces that it is contributing, with several STM32 microcontrollers, to ‘Switchback’, a combat robot weighing around 113 kilos and having a twin-engine rotating drum mounted on a…